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Perrigo acquires ScarAway from Enaltus
2 September 2015 - Perrigo, an Ireland-based pharmaceutical company, has acquired ScarAway, a US-based over-the-counter scar management brand, from Enaltus, it was reported yesterday.Perrigo's distribution and customer network in the United States will be utilised to increase ScarAway's growth. ScarAway is likely to have net sales of around USD10m in 2015.The acquisition is likely to be immediately accretive to 2015 adjusted EPS and to immediately exceed Perrigo's ROIC threshold. The financial terms of the deal were not revealed.
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