© 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
The people-focused business. 
Innovation
28/07/2022The people-focused business. 

Personio has focused on one of the most important aspects of business life – people.

Read Full PostRead - Eye Icon
Proven Pedal Power!
Strategy
14/10/2021Proven Pedal Power!

As the world looks for green solutions, local governments around the world have been investigating ways of making their communities more environmentally friendly. PBSC Urban Solutions is a Canadian innovation that has grown into an astonishing success which le

Read Full PostRead - Eye Icon
The Truth About “Guaranteed” Links in SaaS
News
21/07/2025The Truth About “Guaranteed” Links in SaaS

In the digital marketing sphere, links play a crucial role in enhancing a software-as-a-service (SaaS) company’s online presence. Many businesses are drawn to the promise of “guaranteed” links, hoping to boost their search engine rankings swi

Read Full PostRead - Eye Icon
5 Actionable Tips on How to Improve Your Digital Marketing Strategy with the Help of Animated Videos
Strategy
05/07/20215 Actionable Tips on How to Improve Your Digital Marketing Strategy with the Help of Animated Videos

5 Actionable Tips on Improving Your Digital Marketing Strategy with Animated Videos | Video Marketing Strategy

Read Full PostRead - Eye Icon
CRM Specialists of Three Decades
Innovation
04/01/2022CRM Specialists of Three Decades

Today, advanced digitisation offers companies from all industries the opportunity to open up new markets or market segments. This requires revolutionary ideas, creative solutions and new technologies.

Read Full PostRead - Eye Icon
Epic Health Services Completes Acquisition of Loving Care Agency
Finance
08/04/2015Epic Health Services Completes Acquisition of Loving Care Agency

Epic Health Services Completes Acquisition of Loving Care Agency

Read Full PostRead - Eye Icon
Reputation for Dedication
Legal
05/02/2021Reputation for Dedication

When Mr. Guy Matthews established his law firm in 1972, he did so with the vision of serving two distinct but related purposes: to protect intellectual property rights and enforce those rights through litigation. Matthews, Lawson, McCutcheon & Joseph, PLLC

Read Full PostRead - Eye Icon
Ones to Watch for 2016: The Best Boutique Law Firms
Legal
01/07/2016Ones to Watch for 2016: The Best Boutique Law Firms

Enyo Law LLP is a law firm that acts exclusively in complex and high-value disputes whether litigation or arbitration.

Read Full PostRead - Eye Icon
How to Get Out of Credit Card Debt
Finance
14/04/2022How to Get Out of Credit Card Debt

Several people do not pay off their credit card debts as soon as possible. The reasons for not clearing the debts could be several, with the most common one being maintaining a healthy credit score.



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