Press Release

Morgan Lewis Advises Perrigo on Acquisition of Sergeant’s Pet Care Assets

September 13, 2012

NEW YORK, Sept. 13, 2012: Perrigo Company, a leading global healthcare supplier that develops, manufactures and distributes over-the-counter and prescription pharmaceuticals, nutritional products, active pharmaceutical ingredients and consumer products, today announced that is has signed a definitive agreement to acquire substantially all of the assets of Omaha, Neb.-based Sergeant's Pet Care Products, Inc. for approximately $285 million in cash. The acquisition is slated to close during Perrigo's fiscal 2013 second quarter pending satisfaction of closing conditions, including receipt of regulatory approvals.

Morgan Lewis served as legal adviser to Allegan, Mich.-based Perrigo on the transaction. The Morgan Lewis deal team was led by Business & Finance partners Robert Robison and Sheryl Orr and included Business & Finance associates Juan Damian Guzman and Priscila McCalley.

Perrigo's in-house advisers included Christopher Roop, vice president of corporate development, Todd Kingma, executive vice president and general counsel, and deputy general counsels Andrew Solomon and David Mason. Perrigo received financial advice from Jefferies & Company, Inc. and BMO Capital Markets Corp. served as financial adviser to Sergeant's. Koley Jessen P.C., LLO represented Sowell & Co., Sergeant's majority shareholder, led by attorneys Teresa Beaufait, Roberta Christensen and Joshua Norton. Sowell & Co.'s in-house legal adviser was chief legal counsel Steven Smathers.

For more information, please see the company's press release.