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Perrigo to sell Infant Formula unit to MeridianMade

PRIVATEOct 29, 2026

Acquiring Company

MeridianMade

Acquired Company

Perrigo Company PLC

New YorkIrelandHealth CareConsumer GoodsHealth Care

Description

Perrigo has agreed to divest its Infant Formula business to MeridianMade for up to $175 million, including $40 million in cash at closing and up to $135 million in performance-based contingent payments through 2030. The deal supports Perrigo's Three-S plan and is expected to enhance its margin profile and reduce future capital expenditures. Closing is expected in the first half of 2027, subject to customary conditions and regulatory approvals.

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Company Information

Company

MeridianMade

Location

131 Varick Street

New York, New York, United States

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Frequently asked

Who acquired Perrigo Company PLC?

Perrigo Company PLC was acquired by MeridianMade, based in New York. The deal was reported on October 29, 2026. MeridianMade is privately held and operates in Health Care.

When did MeridianMade acquire Perrigo Company PLC?

MeridianMade's acquisition of Perrigo Company PLC was reported on October 29, 2026. Perrigo has agreed to divest its Infant Formula business to MeridianMade for up to $175 million, including $40 million in cash at closing and up to $135 million in performance-based contingent payments through 2030. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Perrigo Company PLC do?

Perrigo Company PLC is a global provider of self-care products. The company focuses on producing over-the-counter (OTC) and prescription medications, as well as dietary supplements. It is publicly traded (PRGO), operating in Consumer Goods, and is based in Ireland.

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