© 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
3 Questions Small Business Owners Should Ask Before Seeking Out a Business Loan
Finance
12/08/20213 Questions Small Business Owners Should Ask Before Seeking Out a Business Loan

If you run a business, no matter the size, there will be a time when you will need to seek financing. Let’s take a look at some questions all business owners should ask before seeking out a business loan.

Read Full PostRead - Eye Icon
Boom Time for British Car Industry
Finance
31/03/2015Boom Time for British Car Industry

£1 Billion in New Investments Committed in Just One Week

Read Full PostRead - Eye Icon
Perspective – Four New Firms Acquired
News
01/12/2023Perspective – Four New Firms Acquired

Perspective Financial Group Acquires Four New Firms with More Growth Set to Come Perspective Financial Group has purchased an additional four financial advisory firms, taking the group’s total to 12 acquisitions in 2023. The four acquisitions are: Bright

Read Full PostRead - Eye Icon
Coronavirus Crisis Fuels Strong Performance of Technology Sectors but Growth Should Accelerate Post Lockdown
Innovation
16/07/2020Coronavirus Crisis Fuels Strong Performance of Technology Sectors but Growth Should Accelerate Post Lockdown

The huge increase in expenditure on products and services from innovative technology sectors during the Coronavirus crisis could rise dramatically as restrictions lift and societies and economies begin to return to some form of normality. This is because busin

Read Full PostRead - Eye Icon
Workplace Injuries and How to Deal With The Aftermath
Legal
13/04/2026Workplace Injuries and How to Deal With The Aftermath

Injuries happen without warning. When they do, everything comes to a stop, including the injured person’s career. When the work stops, worries begin. And there’s a lot to worry about. Will I get better? How soon until I get better? How will I deal

Read Full PostRead - Eye Icon
8 Signs You Might Need an Employee Settlement Agreement
News
04/08/20258 Signs You Might Need an Employee Settlement Agreement

8 Signs You Might Need an Employee Settlement Agreement Once the workplace environment turns from annoying to definitely unpleasant, you can usually be sure that there is a more serious issue involved. Maybe it seems like you are being pushed out, or you sudde

Read Full PostRead - Eye Icon
How to Drive More Foot Traffic to Your Business
News
01/03/2024How to Drive More Foot Traffic to Your Business

For your small business to thrive, you need to make sure it’s fed with interested customers each day. The more people you lead to your doors, the better your revenue numbers get. That’s because foot traffic includes customers who are either curious

Read Full PostRead - Eye Icon
Investing in the Potential of 5G – and the Companies Worth Watching
Finance
17/10/2022Investing in the Potential of 5G – and the Companies Worth Watching

The 5G market is projected to be worth $65 billion (£53.6 billion) by 2026, and by 2024, there will be over a billion global 5G subscribers. While the 5G sector has been impacted by scepticism after years of hype, there is likely to be a new phase of competit

Read Full PostRead - Eye Icon
Bridging Success in 2015
Strategy
31/01/2015Bridging Success in 2015

There is currently a huge appetite for short- and medium-term property loans across the UK, and Dragonfly Property Finance is leading the way.



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