© 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
5 Questions To Ask Before Putting AI Into Practice And A Checklist For Success
Innovation
03/01/20205 Questions To Ask Before Putting AI Into Practice And A Checklist For Success

Despite the power of Artificial Intelligence to transform the customer experience, many AI projects fail at the first hurdle. Henry Jinman at EBI.AI outlines the 5 most common mistakes and how to avoid them using a tried and tested checklist.

Read Full PostRead - Eye Icon
Seven Contracts Every Startup Should Be Aware Of
Legal
07/06/2023Seven Contracts Every Startup Should Be Aware Of

Starting a business is a challenging and exciting process, with founders expected to have a thorough understanding of numerous different legal processes. Startup founders need to be familiar with the different types of contracts they require to ensure their bu

Read Full PostRead - Eye Icon
Comprehensive Guide to Understanding Your Benefit Entitlements
News
27/10/2023Comprehensive Guide to Understanding Your Benefit Entitlements

If you’re on the journey of hiring in the beautiful land of Australia, it’s super crucial to nail that benefits package. Not only do you need to stay aligned with Australia’s labour laws (no one likes legal hiccups, right?), but you also want

Read Full PostRead - Eye Icon
US Equities Offer the Best Opportunities in 2015, Say Investors
Finance
25/02/2015US Equities Offer the Best Opportunities in 2015, Say Investors

Majority of affluent US investors surveyed by Legg Mason say they are maintaining their equity allocation over the next 12 months.

Read Full PostRead - Eye Icon
The Role of Distracted Driving in U.S. Car Accidents
News
26/08/2024The Role of Distracted Driving in U.S. Car Accidents

The U.S. is experiencing a higher-than-normal spate of motor vehicle accidents.  Memphis, Tennesse was ranked #1 in a ConsumerAffairs report listing the U.S. cities with the most car crashes. Furthermore, Mississippi landed in the top spot in the states w

Read Full PostRead - Eye Icon
What is a Vendor Manager and Why Would You Want One For Your Business
News
04/07/2022What is a Vendor Manager and Why Would You Want One For Your Business

Vendors are often at the heart of an organization's operations and activities. They accelerate the growth of your company, help achieve profit goals and generate sizable revenue.

Read Full PostRead - Eye Icon
5 Ways AI Is Outperforming Experts
Innovation
07/03/20225 Ways AI Is Outperforming Experts

With DeepMind claiming that its AI system – AlphaCode – can “write computer code at a competitive level,” a milestone may have been reached. The ability of a machine to match the coding skills typical of human intelligence, if true, represents a moment

Read Full PostRead - Eye Icon
An Expert in Their Field
Finance
01/11/2016An Expert in Their Field

Pero Family Farms is a food production company based in Delray Beach, Florida focused on encouraging families to make better food choices.

Read Full PostRead - Eye Icon
Navigating the Personalization Trend: Incorporating Customized Visual Content into Your Corporate Identity
News
04/03/2024Navigating the Personalization Trend: Incorporating Customized Visual Content into Your Corporate Identity

Why settle for off-the-shelf when the game has changed? Customized visual content isn’t just a trend; it’s a cornerstone of corporate identity in today’s competitive landscape. It weaves the unique narrative of your brand and acts as a beacon



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