© 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
Cybersecurity A Growing Risk As Companies Rely On Technology To Overcome Increasing Regulatory Requirements
Finance
21/02/2019Cybersecurity A Growing Risk As Companies Rely On Technology To Overcome Increasing Regulatory Requirements

With regulations across a wide variety of industries on the rise, companies are increasingly focusing on technology to help bear the strain. However, this comes at a cost, with cybersecurity now a growing threat, as Acquisition International explores. As incre

Read Full PostRead - Eye Icon
Disrupting the M&A Industry
M&A
01/10/2015Disrupting the M&A Industry

Lisiten Associates

Read Full PostRead - Eye Icon
Consumer Spending on Mobile Devices Set to Top £53 Billion a Year by 2024
Finance
14/04/2015Consumer Spending on Mobile Devices Set to Top £53 Billion a Year by 2024

Consumers are set to spend £53.6 billion a year using their smartphones and tablets by 2024, compared with the £9.7 billion spent today, according to new research by Barclays.

Read Full PostRead - Eye Icon
Diligent Consultancy Advises Beech Tree Private Equity’s Investment in RS Fleet
Finance
14/05/2015Diligent Consultancy Advises Beech Tree Private Equity’s Investment in RS Fleet

Diligent Consultancy advises Beech Tree Private Equity's Investment in RS Fleet

Read Full PostRead - Eye Icon
Listed Companies Lose Shareholder Trust Due to Poor Communication and Lack of CEO Access
Finance
07/07/2026Listed Companies Lose Shareholder Trust Due to Poor Communication and Lack of CEO Access

A new survey of retail investors, conducted by InvestorHub in partnership with ShareSoc, finds that UK listed companies are falling short on communication.

Read Full PostRead - Eye Icon
First Boundaries, Then Borders: Why Limits Are Your Friend When It Comes to Global Expansion
News
15/04/2026First Boundaries, Then Borders: Why Limits Are Your Friend When It Comes to Global Expansion

Organisational alignment can be an illusion of proximity, rather than an artefact of design. Within a single market, shared context and informal reinforcement create consistency in practice.

Read Full PostRead - Eye Icon
The Art of Service
Innovation
11/04/2016The Art of Service

Versatility, flexibility and a broad range of products and services ensure cost effective purchase and quality services in a challenging business environment.

Read Full PostRead - Eye Icon
Customers Aren’t Numbers, But They Really Count
M&A
05/08/2020Customers Aren’t Numbers, But They Really Count

When acquisitions go wrong, it’s because of a failure to look after the people involved, and there are none more important than customers, writes Carlene Jackson of Cloud9 Insight.

Read Full PostRead - Eye Icon
Enhancing Sustainability and Efficiency with Commercial Heating Systems
News
19/12/2023Enhancing Sustainability and Efficiency with Commercial Heating Systems

When it comes to heating systems on commercial premises, gas boilers remain the go-to option for businesses of all sizes and industries. These appliances offer the perfect balance of power, performance, reliability, and efficiency, while also allowing for besp



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