European supplements industry becoming increasingly consolidated, says
NutraIngredients.com.
The Perrigo Company (Nasdaq: PRGO) has bought U.K.-based Peter Black Pharmaceuticals, a supplements maker, for $13 million. "With Peter Black, we have taken an important step in becoming one of the UK's largest manufacturers of over-the-counter pharmaceutical and nutritional products," states Perrigo's David Gibbons, president and CEO, in a recent article at NutraIngredients.com. The article notes that the European supplements industry is becoming increasingly consolidated.