© 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
Leading Drug Education Charities, Angelus and Mentor to Merge
Innovation
29/09/2016Leading Drug Education Charities, Angelus and Mentor to Merge

Angelus is the only UK charity dedicated to raising awareness of the risks from new psychoactive substances (also known as 'legal highs'). Mentor UK is the UK's leading charity working to prevent the misuse of alcohol and drugs among children and young people.

Read Full PostRead - Eye Icon
Commercial and Private Client Advisory Services
Strategy
29/02/2016Commercial and Private Client Advisory Services

Veale Wasbrough Vizards (VWV) is a UK top 100 law firm with offices in London, Bristol, Birmingham and, from 1 February, Watford. We are a full service firm in our locations offering commercial and private client advisory services, with a national presence in

Read Full PostRead - Eye Icon
5 Resources to Help You Find a Knowledgeable Personal Injury Lawyer in Atlanta
Legal
13/05/20245 Resources to Help You Find a Knowledgeable Personal Injury Lawyer in Atlanta

After an incident, the aftermath entails stress and chaos. If involved in a car accident, for example, you’re already dealing with injuries, damage to your automobile, and intricacies involved.

Read Full PostRead - Eye Icon
Building a Successful Fitness Business
News
17/05/2024Building a Successful Fitness Business

Embarking on a journey to become a professional personal trainer can be as exhilarating as it is transformative. For those aspiring to turn their passion for fitness into a lucrative career, acquiring the right credentials is a crucial step. Choosing to enrol

Read Full PostRead - Eye Icon
Tapping into the American Psyche Using Market Sentiment
Innovation
12/12/2019Tapping into the American Psyche Using Market Sentiment

Most commonly used in the trading world, market sentiment refers to the overall attitude of investors towards a particular market. Now, Apple’s Steve Jobs famously said he didn’t pay attention to market research and, instead, aimed to give customers someth

Read Full PostRead - Eye Icon
The Complete List of ERP Modules and How They Help Businesses
Innovation
12/10/2022The Complete List of ERP Modules and How They Help Businesses

When you run a small or enterprise-level business, you face many daily challenges to ensure that it operates smoothly and efficiently. With larger organisations, you can delegate some of your responsibilities. However, the buck will often stop with you, so you

Read Full PostRead - Eye Icon
5 Ways to Optimize Your Order Fulfillment Process
News
09/12/20215 Ways to Optimize Your Order Fulfillment Process

Customer satisfaction is considered the heart of a business. Companies that know and fulfill customers' needs are the ones who are ensured success in any industry. That’s because satisfied customers will naturally come back to purchase again. And keeping cus

Read Full PostRead - Eye Icon
A Peek into Private Funds
Finance
31/07/2016A Peek into Private Funds

Asiaciti Trust is an independent, family-owned firm which has for nearly 40 years been providing administration, trustee and family office services from its head office in Singapore and eight other offices worldwide.

Read Full PostRead - Eye Icon
The UK’s Most Personalised Venous Treatments
Innovation
26/01/2024The UK’s Most Personalised Venous Treatments

Accredited with the title of Best Varicose Veins Treatment Clinic 2023 – UK, The Whiteley Clinic is an internationally renowned centre whose specialty lies in the investigation and treatment of venous diseases. Promising the highest level of care through acc



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