NEW YORK, February 27, 2020: Morgan Lewis represented Perrigo Co. plc in the company’s definitive agreement to acquire High Ridge Brands’ oral care assets for $113 million in cash. The acquisition is subject to bankruptcy court approval in connection with High Ridge Brands' Chapter 11 cases, as well as other customary closing conditions for this size of transaction.
Perrigo is a leading provider of over-the-counter health and wellness solutions that enhance individual well-being by empowering consumers to proactively prevent or treat conditions that can be self-managed. High Ridge Brands is one of the largest independent branded personal care companies in North America.
Partners Sheryl Orr and Russell Franklin led the Morgan Lewis team advising Perrigo. Sheryl and Russell previously advised Perrigo on the $750 million acquisition of Ranir Global Holdings LLC, a private-label oral care company.