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Supplier News

Lance, Snyder’s of Hanover finalize merger

Snack makers Lance Inc. and Snyder’s of Hanover Inc. have completed their merger. The deal announced in late July, which the companies said was a stock-for-stock merger of equals, brings together Snyder’s, a global leader in pretzels and a U.S.

Prestige Brands names new CFO

Ron Lombardi has been appointed chief financial officer of over-the-counter health and household products marketer Prestige Brands Holdings Inc. Prestige Brands said late Thursday that Lombardi will take over the CFO post on Dec. 6.

Merck to acquire SmartCells

Merck & Co. has unveiled an agreement to buy SmartCells Inc., a private company developing a unique technology for the treatment of diabetes. Under the deal announced Thursday, Merck said it plans to acquire all outstanding stock of Beverly, Mass.-based SmartCells.

Endo closes deal to buy Qualitest

Endo Pharmaceuticals said this week that it has completed its acquisition of generic drug maker Qualitest Pharmaceuticals. Endo had announced in late September that it entered into an agreement to acquire Qualitest for about $1.2 billion in cash.

Ad campaign upcoming for PediaCare

VIA Group has partnered with Prestige Brands Holdings Inc. to launch an integrated marketing and promotional campaign for the PediaCare line of over-the-counter children’s remedies.

Merck tabs Frazier to succeed Clark as CEO

Merck & Co. president Kenneth Frazier has been named chief executive officer, succeeding current CEO Richard Clark, who will continue as chairman. The pharmaceutical giant said Tuesday that Frazier, 55, will take the CEO reins effective Jan. 1. He also will become a member of the company’s board.

Perrigo rolls out generics for Aleve, Xyzal

Perrigo has launched Naproxen Sodium Soft Gels and, via its licensor and supplier Synthon, levocetirizine allergy tablets. The company said Monday that the Naproxen Sodium Soft Gels are the generic equivalent of Bayer HealthCare’s Aleve Liquid Gels (220 mg), an over-the-counter analgesic.

Energizer wraps up American Safety Razor acquisition

Energizer Holdings Inc. has closed its acquisition of American Safety Razor Co. Energizer said late Tuesday that under the transaction it is acquiring substantially all of the assets of American Safety Razor for $301 million in cash and the assumption of certain liabilities.