Covidien Limited, a medical device and pharmaceuticals manufacturer formerly based in Hamilton, Bermuda, now has its headquarters in Dublin, Ireland.
The firm received the required approval from the Supreme Court of Bermuda and completed the transition of the executive office on June 4. The board of directors voted in January to approve the move.
Covidien said it will maintain its U.S. headquarters in Mansfield, Mass.
Chairman, President and CEO Richard Meelia said that Ireland has "a good network of tax treaties with the United States, the European Union and many other countries."