Rice Steele has been acquired by Phoenix Labs
The shareholders of Rice Steele Manufacturing Ltd. have sold the business to Phoenix Labs.
Rice Steele Manufacturing is one of Ireland’s leading indigenous manufacturers of over-the-counter (OTC) medicinal and lifestyle products, including Dozol, pharmacy branded products, Paralink Solution, Rescofer iron tonics, and Pedamed powder and foot care products. The company offers a comprehensive range of over 65 OTC and prescription preparations in areas such as childcare analgesics, vitamins and minerals, footcare and sports care. It sells and distributes OTC products to customers in Ireland and exports to the UK, West Africa, the Caribbean and Iraq.
Phoenix Labs is an integrated healthcare company operating in the prescription and OTC market segments in Ireland and the UK. Its products are marketed around the world in countries including Australia, New Zealand, Spain, Italy, France, Czech Republic, Slovakia, Netherlands and Portugal.
Oaklins’ team in Ireland advised the seller in this transaction.



Bernard McCormick
Managing Director, Rice Steele Manufacturing Ltd.
Talk to the deal team

Related deals
SulAmérica and Rede D’Or São Luiz have announced a combination
SulAmérica (B3:SULA11), a leading insurance company in Brazil, has announced a combination with Rede D’Or São Luiz S.A. (B3:RDOR3), the largest Brazilian hospital network. The companies had a combined market value of approximately US$21 billion on 18 February 2022.
Learn moreDolmen Engineering has been acquired by NIRAS
The private shareholders of Dolmen Engineering have sold the company to NIRAS. The integration will enable the two companies to strengthen their positions within the European life science and food & beverage sectors and offer a fully integrated suite of services.
Learn moreInMedica has acquired J. Pauliuko šeimos klinika
InMedica, the largest Lithuanian network of medical clinics, has acquired J. Pauliuko šeimos klinika.
Learn more