Perrigo (NYSE: PRGO) is a publicly listed company headquartered in Dublin, Ireland that owns 3 consumer brands across 2 categories, and has 1 recorded transaction.[1]
Perrigo was founded in Michigan in 1887 and built its business on making store-brand versions of over-the-counter medicines, so its products are sold under supermarket and pharmacy labels rather than its own name. It has more recently bought consumer brands to sit alongside that business.
Perrigo bought the branded over-the-counter rights to Prevacid 24HR from GlaxoSmithKline for $61.5 million in cash, capitalising $61.7 million including closing costs as a brand intangible and amortising it over twenty years. What changed hands was the right to sell the brand over the counter rather than the underlying drug, which is how most of Perrigo's branded portfolio has been assembled.