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Lovells advises on strategic duo for Perrigo

23 June 2008

UK

For further information

Nuala Higgins
Fax: + 44 (0) 20 7296 2001
Lovells has advised Perrigo, a leading global healthcare supplier, on the sale of its vitamin, minerals and supplements business to Neutrahealth and on the purchase of Neutrahealth's over-the-counter business Brunel Pharma Limited.  The deals valued at £6.4m and £6.2m respectively closed on 17 June 2008.  

In January 2008, Perrigo (advised by Lovells) acquired Galpharm Healthcare, the leading the leading supplier of over-the-counter store brand pharmaceutical products sold in supermarkets and pharmacies in the UK.  
 
The Lovells team is led by head of private equity Alan Greenough, assisted by senior associate Keith Woodhouse and associate Erin Anderson.   

Alan Greenough commented: 

"We are delighted to have advised Perrigo this year on a series of deals which have enabled the company to exit the VMS business in the UK and increase its OTC business."

Notes for editor

About Lovells  

With over 3,000 people operating from 26 offices in Asia, Europe and the United States, Lovells is one of the world's leading international law firms. We advise many of the world's largest corporations, financial institutions and governmental organisations.  We regularly act on complex, multi jurisdictional transactions as well as some of the most high profile commercial disputes.  Lovells (the "firm") is an international legal practice comprising Lovells LLP and its affiliated businesses.  Lovells LLP is a limited liability partnership registered in England and Wales with registered number OC323639.  Registered office and principal place of business: Atlantic House, Holborn Viaduct, London EC1A 2FG.    

The word "partner" is used to refer to a member of Lovells LLP, or an employee or consultant with equivalent standing and qualifications, and to a partner, member, employee or consultant in any of its affiliated businesses who has equivalent standing.   

www.lovells.com