© 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
New research shows 88% of businesses trading internationally haven’t looked at switching their supply chains pre-Brexit
Strategy
07/12/2020New research shows 88% of businesses trading internationally haven’t looked at switching their supply chains pre-Brexit

With less than 30 days to go until the UK leaves the EU, it’s vital that businesses get ready for the transition that will take place.

Read Full PostRead - Eye Icon
Pre-M&A Security Risks & Liabilities Assessment – 5 Tips & Best Practices
News
18/01/2024Pre-M&A Security Risks & Liabilities Assessment – 5 Tips & Best Practices

In the high-stakes world of mergers and acquisitions, cybersecurity risks and vulnerabilities have quietly emerged as a key consideration and a crucial cog that can make the whole deal fall flat. During the process of taking over a company, the acquirer assume

Read Full PostRead - Eye Icon
Bringing Content to Life Across Major Media Channels
Leadership
24/11/2025Bringing Content to Life Across Major Media Channels

Lightcast.com’s OTT Media Cloud launches and monetises TV, mobile, web & social apps—end-to-end streaming, real-time control and faster multi-platform growth.

Read Full PostRead - Eye Icon
Autumn Statement 2016 – UKCloud Welcomes Digital Infrastructure Investment
Strategy
23/11/2016Autumn Statement 2016 – UKCloud Welcomes Digital Infrastructure Investment

Today, the Chancellor Philip Hammond has outlined his priorities for taxes and spending in the wake of the UK's vote to leave in the EU in his Autumn Statement. Notably for the technology sector, more than £1bn will be allocated to supporting digital infrastr

Read Full PostRead - Eye Icon
Three Entrepreneurs Who Take Sustainability Seriously
Corporate Social Responsibility
15/11/2016Three Entrepreneurs Who Take Sustainability Seriously

In the past year, sustainability has been a growing topic of interest for businesses around the world. With the Paris Agreement fresh on people’s minds, environmental sustainability is no longer a thing of moral grounds, something simply to work towards in t

Read Full PostRead - Eye Icon
Antal Acquires Smart Moves
M&A
27/05/2015Antal Acquires Smart Moves

Antal Acquires Smart Moves

Read Full PostRead - Eye Icon
Pohjola Asset Management
Finance
21/05/2015Pohjola Asset Management

Helsinki-based OP Wealth Management’s R2 Crystal Fund invests in 10-15 different hedge funds across a wide range of strategies. Jussi Kärävä, Head of Fund Selection, told us more about its ongoing success.

Read Full PostRead - Eye Icon
ShipEngine and What3words Partner to Enhance Online Delivery Experiences
M&A
26/07/2024ShipEngine and What3words Partner to Enhance Online Delivery Experiences

ShipEngine, a leading shipping API, today announces that it has partnered with innovative location technology what3words, enabling seamless deliveries and strengthening the online customer experience. From today, what3words has been added to ShipEngine’s rob

Read Full PostRead - Eye Icon
Best Certified Translations for Business Documents in Canada
Legal
11/05/2026Best Certified Translations for Business Documents in Canada

Getting certified translations for business documents right, accurate, compliant, and accepted by the authority reviewing them, isn’t just a box to tick. It’s what keeps deals moving, filings on time, and your business working seamlessly.



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