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Perrigo acquisition of Irish company now complete
ALLEGAN, Mich. (NEWSCHANNEL 3) - Irish bio-tech company Elan is now officially a part of Allegan-based company Perrigo.
As part of the $8.6 billion deal, Perrigo will move its top office to Dublin, Ireland.
Perrigo says the move will help the company expand internationally, but it appears the biggest incentive is a lower corporate tax rate--about two-thirds less than in the U.S.
Perrigo says despite moving its headquarters, there will be no changes to operations or personnel here in West Michigan.