© 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
Hillarys transforms contact centre operations with IPI
Finance
08/10/2019Hillarys transforms contact centre operations with IPI

Contact centre enhancements save £500K in first year, reduce attrition rates, boost customer experience and employee engagement as part of programme of digital transformation.

Read Full PostRead - Eye Icon
How To Choose A Specialty Chemicals Supplier 
Innovation
02/05/2023How To Choose A Specialty Chemicals Supplier 

Chemicals are vital components in most industries like construction, electronics, healthcare, textile, and even automotive. These chemicals are helpful in different ways, hence the need to select an appropriate supplier. 

Read Full PostRead - Eye Icon
Mitigating Deep Fryer Burn Risks in Quick-Service Restaurant Operations
Legal
29/01/2026Mitigating Deep Fryer Burn Risks in Quick-Service Restaurant Operations

Today, safety risks can escalate quickly without the right protocols and training. Among the most common injuries in this environment are deep fryer burns. These incidents not only affect employee well-being but can also result in operational downtime, workers

Read Full PostRead - Eye Icon
Wind Turbine Composites Material Market Worth $5.5 Billion by 2020
Finance
06/03/2015Wind Turbine Composites Material Market Worth $5.5 Billion by 2020

New report defines and segments the global composite market for wind turbine with an analysis and forecast of its global volume and value.

Read Full PostRead - Eye Icon
Helsingborg-Helsingør route
Finance
19/03/2015Helsingborg-Helsingør route

First State Investments has reached financial close for its acquisition of the Helsingborg - Helsingør ferry route, raising about €230 million ($261 million) equivalent of debt from three commercial banks and a debt fund. A joint-venture between ferry opera

Read Full PostRead - Eye Icon
Tips from a Peachtree Corners Personal Injury Attorney
News
16/11/2023Tips from a Peachtree Corners Personal Injury Attorney

After a personal injury, securing fair compensation may seem like an overwhelming task. The decisions you make now can have an impact on your future, and you will want to be sure you receive the maximum amount for your damages. In a car accident, slip and fall

Read Full PostRead - Eye Icon
Banks Among the Worst at Blaming Customers When Things Go Wrong
Finance
26/05/2015Banks Among the Worst at Blaming Customers When Things Go Wrong

The traditional mantra for successful businesses ‘the customer is always right’ is under threat according to new research by alldayPA.

Read Full PostRead - Eye Icon
Formula Systems and IAI Agree to Acquire TSG for US$50 Million
Innovation
14/01/2016Formula Systems and IAI Agree to Acquire TSG for US$50 Million

Formula Systems, a leading software consulting services today announced that Israel Aerospace Industries (IAI) and Formula have entered into a definitive agreement for the purchase of TSG.

Read Full PostRead - Eye Icon
Your Helping Hand in Real Estate Purchases
Innovation
21/08/2023Your Helping Hand in Real Estate Purchases

NewHomesMate (previously Propertymate.ai) is a comprehensive marketplace that helps builders sell their new homes faster – going direct to eager buyers.



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