© 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
Key Player in the Philippine Legal Industry
Legal
20/03/2019Key Player in the Philippine Legal Industry

MOSVELDTT Law Offices is full-service firm grounded on legal competence and distinguished by their uncompromising work ethic. Recently, the firm found success in AI’s Global Excellence Awards 2019. On the back of their win, we profiled the firm and spoke to

Read Full PostRead - Eye Icon
How Foreign Businesses Can Gain a Foothold Within the English-Speaking Marketplace
News
11/01/2022How Foreign Businesses Can Gain a Foothold Within the English-Speaking Marketplace

There are numerous opportunities to be encountered within the English-speaking marketplace. This is why countless businesses have already taken the leap into such a bustling community.

Read Full PostRead - Eye Icon
Best Optical Industry Business Advisors – UK
Finance
20/05/2016Best Optical Industry Business Advisors – UK

Profits in Focus are the only accountants and business advisors who specialise in the optical industry.

Read Full PostRead - Eye Icon
ID Verification: Cashing In On A $5bn + M&A Market
Finance
24/04/2024ID Verification: Cashing In On A $5bn + M&A Market

Digital identity fraud is a growing threat, with the U.S. economy suffering over $52 billion in fraud-related losses in 2021 alone.

Read Full PostRead - Eye Icon
Laws and Regulations Around Waste Management Every Business Owner Needs to Know
Legal
23/11/2023Laws and Regulations Around Waste Management Every Business Owner Needs to Know

It’s important for businesses to stay on top of changing laws and legislation within their sector, and it can be hard to keep up when working weeks become hectic. Waste management might be an area of your business which becomes an afterthought alone, before

Read Full PostRead - Eye Icon
Personal Loans Vs. Credit Cards: What You Should Know
News
12/09/2024Personal Loans Vs. Credit Cards: What You Should Know

While often ignored, choosing the right borrowing option is critical when managing personal finances. Personal loans and credit cards are the most preferred financial tools. They serve different purposes and distinctly affect your financial health. Be it to fu

Read Full PostRead - Eye Icon
CC McLays Completes Acquisition of TPSG Procurement
M&A
18/06/2024CC McLays Completes Acquisition of TPSG Procurement

CCS McLays has successfully acquired TPSG Procurement as it looks to strengthen its presence in the food and retail packaging sectors as part of its growth strategy.

Read Full PostRead - Eye Icon
How a Car Accident Lawyer Can Help You Maximize Your Compensation
News
28/08/2024How a Car Accident Lawyer Can Help You Maximize Your Compensation

How a Car Accident Lawyer Can Help You Maximize Your Compensation Regardless of the severity of injuries and degree of fault, car accidents do not always end up in a fair settlement amount for the victim, especially if they cannot back up their claims. Car acc

Read Full PostRead - Eye Icon
PenFed Credit Union Announces Merger with Belvoir Federal Credit Union
M&A
31/03/2016PenFed Credit Union Announces Merger with Belvoir Federal Credit Union

PenFed Credit Union, nearly $20 billion in assets, 1.4 million members and headquartered in Alexandria, Virginia, announced that it will merge with the Woodbridge, Virginia headquartered Belvoir Federal Credit Union, which has $320 million in assets and more t



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