Perrigo company has acquired Unico Holdings for approximately $49 million in cash. Based in Lake Worth, Florida, privately-held Unico is the leading manufacturer of store brand paediatric electrolytes, enemas and feminine hygiene products for retail customers in the US. The acquisition is expected to add nearly $50 million of annual sales and be accretive to earnings in the first twelve months.

Perrigo's chairman and CEO Joseph C Papa stated, "The acquisition of Unico expands our store brand product offering into important categories that we currently do not offer. This investment further solidifies Perrigo's commitment to providing our customers the broadest portfolio of store brand products in the industry and to meeting the world's growing need for quality, affordable healthcare."

Perrigo company is a leading global healthcare supplier that develops, manugactures and distributes over-the-counter (OTC) and prescription pharmaceuticals, nutritional products, active pharmaceutical ingredients (API) and consumer products. The company is the world's largest manufacturer of OTC pharmaceutical products for the store brand market. The company's primary markets and locations of manufacturing facilities are the United States, Isreal, Mexico and the United Kingdom.