© 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
BiP Solutions Acquires Pro Mark Media
M&A
30/04/2015BiP Solutions Acquires Pro Mark Media

BiP Solutions (BiP), the leading provider of business intelligence solutions for the public/private sector marketplace, has acquired Pro-Mark Media (PMM) - one of the UK's leading construction media companies with an established portfolio of digital magazines

Read Full PostRead - Eye Icon
Payvision secures strategic investment from ING Group
Strategy
30/01/2018Payvision secures strategic investment from ING Group

Payvision secures strategic investment from ING Group

Read Full PostRead - Eye Icon
The Complexities of Corporate Compliance in Multinational Firms
Legal
18/03/2025The Complexities of Corporate Compliance in Multinational Firms

Compliance is complex, especially when there are regional differences and numerous country-specific regulations to consider.

Read Full PostRead - Eye Icon
CEO of the Year, Virginia
Leadership
18/03/2016CEO of the Year, Virginia

The CEO of the Year, Virginia title goes to Gene Saunders of Project Lifesaver International.

Read Full PostRead - Eye Icon
Wellington Equestrian Partners to Acquire International Polo Club and Surrounding Properties
Leadership
18/03/2016Wellington Equestrian Partners to Acquire International Polo Club and Surrounding Properties

Mark Bellissimo, CEO of Wellington Equestrian Partners (WEP), announced today that he has signed a definitive agreement to acquire Wellington's world renowned International Polo Club (IPC).

Read Full PostRead - Eye Icon
How to Create a Product to Sell Online in 5 Simple Steps
News
01/09/2023How to Create a Product to Sell Online in 5 Simple Steps

Considering entering the exciting world of ecommerce with an amazing new product? Whether you’re a budding entrepreneur or an established business looking to expand your online presence, this article will walk you through the essential steps to transform

Read Full PostRead - Eye Icon
Calligo acquires renowned Canadian IT MSP, Mico Systems Inc
M&A
01/05/2018Calligo acquires renowned Canadian IT MSP, Mico Systems Inc

Acquisition of Ontario-based outsourced IT services company continues Calligo’s rapid North American growth and opens up global provision of new managed services

Read Full PostRead - Eye Icon
6 Small Business Costs that are Often Overlooked
Finance
03/11/20206 Small Business Costs that are Often Overlooked

Most people who start a small business may be aware of the general costs of incorporating their business, buying initial inventory, and securing a location. Then they start looking into the everyday operational and organisational costs. But there always seem t

Read Full PostRead - Eye Icon
Leading U.S. Locations for Aspiring Stock Brokers
News
11/09/2023Leading U.S. Locations for Aspiring Stock Brokers

As a budding stockbroker looking to stake your claim in the trading world, you may be okay starting from anywhere. The truth is where you choose to launch and grow your career as a stockbroker can dramatically impact your professional and personal success.&nbs



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