Centrum 7/6  banner

Prestige Consumer Healthcare

Prestige announces agreement to expand eye care offering with acquisition of TheraTears

Prestige announces agreement to expand eye care offering with acquisition of TheraTears

TARRYTOWN, N.Y. —  Prestige Consumer Healthcare announced that it has entered into a definitive agreement to acquire a portfolio of over-the-counter consumer brands from specialty pharmaceutical company Akorn Operating Co. for $230 million in cash. The agreement is structured as an asset purchase that delivers anticipated tax benefits of ~$30 million and expected annual EBITDA

PP_1170x120_10-25-21