© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - CounselCorp Advises Aurobindo (Australia) Pty Ltd During Pharma Eris Pharma’s Acquisition
Posted 6th May 2015

CounselCorp Advises Aurobindo (Australia) Pty Ltd During Pharma Eris Pharma’s Acquisition

In a move to focus the growth markets, the Hyderabad-based Aurobindo Pharma has sold off its step-down subsidiary in Australia, Aurobindo Pharma (Australia) Pty Ltd, to Eris Pharma Australia Pty Ltd.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

CounselCorp Advises Aurobindo (Australia) Pty Ltd During Pharma Eris Pharma’s Acquisition

CounselCorp Advises Aurobindo (Australia) Pty Ltd During Pharma Eris Pharma’s Acquisition

View Biography
Image

View Biography
Image

View Biography
Image

Acquirer

Target

Corporate Advisers and Legal Counsel to Aurobindo

In a move to focus the growth markets, the Hyderabad-based Aurobindo Pharma has sold off its step-down subsidiary in Australia, Aurobindo Pharma (Australia) Pty Ltd, to Eris Pharma Australia Pty Ltd. The company informed BSE on April 10, 2015 that Aurobindo Pharma Limited has divested its step-down subsidiary, Aurobindo Pharma (Australia) Pty Ltd to Eris Pharma Australia Pty Ltd.

Aurobindo Pharma will, however, under an agreement continue to manufacture and supply the products to Eris Pharma for Australian and New Zealand market over next few years. This divestment is in line with Aurobindo Pharma’s strategy to focus on US, EU and key emerging markets. This subsidiary was not contributing any profit to Aurobindo, added the company in the BSE filing.

Counsel Corp acted as corporate advisers and legal counsel to Aurobindo

Categories: M&A


You Might Also Like
Read Full PostRead - Eye Icon
Consolidations Taking Place in the International Money Transfer Space
Finance
05/10/2021Consolidations Taking Place in the International Money Transfer Space

And as we move into Q4 2021, more firms in the international money transfer industry are set to add to the fireworks. Overall, though, the industry is about to get less crowded.

Read Full PostRead - Eye Icon
Cyber Criminals Target M&A  Negotiations
Innovation
22/06/2015Cyber Criminals Target M&A Negotiations

We hear from Stuart Poole-Robb, Chief Executive of the security, business intelligence and cyber security adviser, the KCS Group Europe.

Read Full PostRead - Eye Icon
How to Acquire a Unique Sanitary Ware Product Line Without Manufacturing In-House
Strategy
05/08/2026How to Acquire a Unique Sanitary Ware Product Line Without Manufacturing In-House

In markets increasingly saturated with products that look and perform much the same, introducing a distinctive product line can become an important growth strategy. It can help a business attract attention, defend its position and give customers a clearer reas

Read Full PostRead - Eye Icon
How AI Can Help to Enhance Mobile Apps
News
08/09/2023How AI Can Help to Enhance Mobile Apps

Nowadays, Artificial Intelligence (AI) is one of the technologies that are being actively developed and widely integrated into software solutions of different types. The capabilities of AI are really impressive which can explain all the hype around it. Though

Read Full PostRead - Eye Icon
How Long Does a Personal Injury Claim Take to Settle?
Legal
09/11/2023How Long Does a Personal Injury Claim Take to Settle?

In response to one of the most frequently asked questions asked by our clients, Lennons Trainee Solicitor Laxmi Mall explores how long personal injury claims take to settle, and what to expect along the way.

Read Full PostRead - Eye Icon
Can Automation Help to Eradicate Human Error in the Workplace?
Innovation
27/09/2022Can Automation Help to Eradicate Human Error in the Workplace?

Each day, businesses across the country handle countless transactions and obtain vast amounts of data. Unfortunately, while processing and utilizing this data, the opportunity for human error is high. These mistakes can be costly.

Read Full PostRead - Eye Icon
Revolutionizing Leadership: The Role of Innovative Software in Boosting Productivity
News
24/07/2023Revolutionizing Leadership: The Role of Innovative Software in Boosting Productivity

In today's technologically advanced world, understanding the role of innovative software in leadership strategies has become imperative for any organization looking to excel. More than ever, productivity reporting, a critical aspect of effective management, is

Read Full PostRead - Eye Icon
How Can Virtual Reality Equipment Modernize Businesses?
Innovation
26/09/2019How Can Virtual Reality Equipment Modernize Businesses?

Following its continued development over the past few years, virtual reality has capabilities which extend far beyond the gaming world. Alongside being implemented into the health and fitness sector, the technology has become a highly powerful tool for many gl

Read Full PostRead - Eye Icon
Challenging the Status Quo
News
16/08/2023Challenging the Status Quo

As an innovator in the chargeback management and chargeback solutions space, Chargeback911 has cultivated a rich reputation for helping fight in the corner for those dealing with fraud in an online space.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow