© 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
Safety Made Simple
News
22/03/2023Safety Made Simple

Detecting a range of dangerous gases in the atmosphere, gas detectors are an essential part of safety equipment and are a requirement to meet CO2 storing compliance codes.

Read Full PostRead - Eye Icon
Navigating the Future of Delivery Management Software
News
24/01/2025Navigating the Future of Delivery Management Software

As business operations continue to evolve, delivery management software has become a cornerstone of logistical efficiency. Last-mile delivery, the final step in the delivery process, holds significant importance in ensuring customer satisfaction and operationa

Read Full PostRead - Eye Icon
School of Success: 6 Things Business Owners Can Learn from Teachers
Corporate Social Responsibility
05/06/2024School of Success: 6 Things Business Owners Can Learn from Teachers

Business and teaching are too often viewed as opposites or, at best, distant cousins when they actually have to lot in common. The biggest thing many of us don’t realise or have forgotten?

Read Full PostRead - Eye Icon
Should You Block AI Bots from Crawling Your Website?
News
15/04/2024Should You Block AI Bots from Crawling Your Website?

Did you know AI’s like ChatGPT could be crawling your site for data? AI large language models (LLMs) like ChatGPT and Bard (now called Gemini) has raised a question for businesses: block or allow AI bots like ChatGPT’s GPTBot to crawl your site? As AI is a

Read Full PostRead - Eye Icon
Understanding Website Performance: Keys to Success
News
07/06/2024Understanding Website Performance: Keys to Success

Picture this: you enter a store, and it takes several minutes for someone to assist you. Frustrating, right? The same applies to websites. If your site doesn’t load quickly, visitors will leave before engaging with your content. In the worldwide web, eve

Read Full PostRead - Eye Icon
Is Facebook Advertising the Right Choice for your Business?
News
29/11/2022Is Facebook Advertising the Right Choice for your Business?

No matter the industry in which your business operates, social media can act as an extremely powerful marketing tool, allowing you to expand your reach and connect with customers who may not have known about your brand otherwise.

Read Full PostRead - Eye Icon
8 Tips to Advance Your Career Fast
Leadership
23/04/20208 Tips to Advance Your Career Fast

After getting a job, the next thing you should work on is advancing your career. Advancing a career may take different forms, but the goal is to reach a level where you can gain maximum satisfaction from the job.

Read Full PostRead - Eye Icon
How to Include Sustainability Initiatives in Email Signatures to Improve Customer Conversion
Corporate Social Responsibility
21/08/2024How to Include Sustainability Initiatives in Email Signatures to Improve Customer Conversion

A recent report highlighted that 63% of consumers are more likely to purchase products from companies that prioritize and highlight their sustainability initiatives. With 7 in 10 customers influenced by a businesses green credentials, it's important that brand

Read Full PostRead - Eye Icon
How to Hire Your First Employee for a Small Business: 6 Important Steps
Corporate Social Responsibility
12/06/2023How to Hire Your First Employee for a Small Business: 6 Important Steps

The excitement of hiring your first employee is something you’ll probably remember for years to come. But this step is also a giant leap of faith you need to take for your small business to move forward.



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