Perrigo buys German dietary supplement maker

• Perrigo (NASDAQ:PRGO) acquires Naturwohl Pharma GmbH, a leading dietary supplement maker in Germany. Its top seller is Yokebe, the second largest dietary brand in Germany, projected to generate €30M in sales this year.
• The deal, expected to close this quarter, will be accretive to Perrigo's non-GAAP EPS this year and should exceed its ROIC threshold in 2016.
• Financial terms of the transaction are not disclosed.