© 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
People, Not Packages
Leadership
03/01/2018People, Not Packages

ICON Relocation have one of the most experienced management teams in the industry, with over 100 years of management experience in the relocation sector.

Read Full PostRead - Eye Icon
Three Decades of Infallible, High-End Technology Solutions
Leadership
10/11/2025Three Decades of Infallible, High-End Technology Solutions

From its home in Virginia, Open Systems Technologies (OST) Corporation has been providing its signature brand of customized, top-of-the-line security solutions to large enterprises since opening its doors back in 1996. Guided by a combination of experience and

Read Full PostRead - Eye Icon
Lear Capital Reviews the Way Investors in Other Countries Approach Physical Precious Metal Assets
News
22/07/2024Lear Capital Reviews the Way Investors in Other Countries Approach Physical Precious Metal Assets

As federal reserve bank records show, historically, a number of central banks have invested in U.S. Treasury securities. Some have pulled back on the practice in recent years, though, and are now focusing more on gold, according to Kevin DeMeritt, founder and

Read Full PostRead - Eye Icon
Post Haste!
Leadership
06/05/2022Post Haste!

The team at MailAmericas are a vital link for those in Latin America and have expanded across borders. This growth has seen them named Best Cross-Border Logistics Solutions Provider 2021 – Americas in Acquisition International’s Global Excellence Awards.

Read Full PostRead - Eye Icon
IBM Announces Planned Acquisition of Promontory to Transform Regulatory Compliance with Watson
M&A
30/09/2016IBM Announces Planned Acquisition of Promontory to Transform Regulatory Compliance with Watson

IBM today announced plans to acquire Promontory Financial Group, a global market-leading risk management and regulatory compliance consulting firm.

Read Full PostRead - Eye Icon
How Machine Learning Is Transforming Financial Risk Management
News
26/07/2024How Machine Learning Is Transforming Financial Risk Management

Machine learning (ML) is leaving a market on all sorts of everyday business practices, and the wrangling of financial risks is one of the most noteworthy examples of how this tech can make a difference.

Read Full PostRead - Eye Icon
Global Digital Health Solutions Provider Strengthens Home Care and Telecare Delivery in Germany with Acquisition
M&A
04/03/2022Global Digital Health Solutions Provider Strengthens Home Care and Telecare Delivery in Germany with Acquisition

UK based, leading global provider of software solutions, services and technology for the telecare and telehealth markets, Tunstall Healthcare, has expanded its German presence and service offering with the acquisition of BeWo Unternehmensgruppe (BeWo).

Read Full PostRead - Eye Icon
Alexion’s Acquisition of Synageva
M&A
28/05/2015Alexion’s Acquisition of Synageva

Alexion's Acquisition of Synageva

Read Full PostRead - Eye Icon
Why do so many people invest in FAANG stocks?
Finance
21/07/2021Why do so many people invest in FAANG stocks?

There really is no secret as to why these shares are popular. As society becomes ever more tech-centric, it is hard to see their success ending anytime soon.



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