Perrigo To Buy Geiss, Destin & Dunn - Quick Facts

(RTTNews) - Perrigo Co. plc (PRGO) said it has agreed to acquire Peachtree City, Georgia-based Geiss, Destin & Dunn, Inc., a small national distributor of over-the-counter healthcare and consumer goods products to the non-chain retail and institutional markets.

Financial terms of the deal were not disclosed. The transaction is expected to close by the end of August.

Perrigo CEO John Hendrickson said, "Today's acquisition of GDD, while relatively small in transaction value compared to other acquisitions we've made, further strengthens and diversifies our U.S. distribution and retail network, providing us direct access to the non-mass retail market."