Company News, Financial News

High Ridge Gets Sliced Up

Perrigo and Tengram and take different parts of personal care company following bankruptcy.

Following a sales process and auction conducted under Section 363 of the US Bankruptcy Code, an affiliate of Perrigo Company plc will acquire the High Ridge Brands’ oral care business and an affiliate of Tengram Capital Partners will acquire the company's hair care and skin cleansing business, which includes White Rain, VO5, Thicker Fuller Hair, Zest and Coast among others.  Under the terms of the agreement, the consideration includes a cash payment to High Ridge Brands of $120.5 million...

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