© 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
7 Factors to Consider Before Launching a New Marketing Campaign
News
08/11/20217 Factors to Consider Before Launching a New Marketing Campaign

A marketing campaign is vital for any business to reach out to potential clients and gain leads. Creating one from scratch could be a daunting task. If it's your first attempt at creating a marketing campaign for your business, there are several considerations

Read Full PostRead - Eye Icon
Do it yourself: How self-service checkouts are saving companies cash
Innovation
01/02/2019Do it yourself: How self-service checkouts are saving companies cash

Advancements in technology have had an effect on the way we do our shopping on the high street, as we constantly look to find ways of making the experience as smooth as possible. With no sign of developments slowing down in the world of retail — we investiga

Read Full PostRead - Eye Icon
The Heart of the Matter
Innovation
05/01/2022The Heart of the Matter

The world of research is built on collaboration, but finding the space for that collaboration is not always easy. When the European Cardiovascular Research Institute (ECRI) was founded, it was to perform various studies into the field of cardiology.

Read Full PostRead - Eye Icon
Best Private Asset Broking Firm 2022 – United Kingdom
M&A
25/04/2023Best Private Asset Broking Firm 2022 – United Kingdom

Fraser Coutts & Partners is a multi-award-winning specialist private international brokerage and advisory boutique working in the real assets space. Its founder, Fraser Coutts, is an economist, business advisor, and deal broker with over 25 years of experience

Read Full PostRead - Eye Icon
Greenwashing, Social Washing and other Laundry Matters
Leadership
29/10/2020Greenwashing, Social Washing and other Laundry Matters

Across the world businesses are reappraising how they operate and, in many cases, challenging what is really important to their workers.

Read Full PostRead - Eye Icon
The Influence of Digital Footprints on Business Reputation and Trust
News
25/02/2025The Influence of Digital Footprints on Business Reputation and Trust

Although the internet creates new opportunities to reach consumers, it also introduces complications.

Read Full PostRead - Eye Icon
Closure of Polaris Private Equity IV at €300m
Finance
12/03/2015Closure of Polaris Private Equity IV at €300m

Polaris Private Equity (“Polaris”), the leading Danish/Swedish lower mid-market private equity investor, is pleased to announce that it has successfully completed a first closing of its fourth private equity fund – Polaris Private Equity IV – at DKK 2.

Read Full PostRead - Eye Icon
AI-Powered Alternative Data Driving Extreme Market Research Disruption
Innovation
04/06/2024AI-Powered Alternative Data Driving Extreme Market Research Disruption

Numerous indicators make clear that the next five years will usher in extreme transformation for a multitude of industries and sectors as well as the global economy at large. This begs the question: what is driving such significant and rapid change? This big q

Read Full PostRead - Eye Icon
The Best in IP
Legal
29/09/2016The Best in IP

Founded in 1937 as a Patent and Trademarks Agency, Sena & Berton Moreno has grown to reach a workforce of forty people offering a range of services to its clients today.



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