© 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
The Printed Booklet is The One Leave Behind that Survives the Meeting
Strategy
28/08/2026The Printed Booklet is The One Leave Behind that Survives the Meeting

Every deal room ends the same way. Handshakes, a promise to circulate the deck, and an inbox that swallows the file by Friday. The slide deck does its job in the room and then disappears into a folder nobody opens twice. A printed booklet does the opposite. It

Read Full PostRead - Eye Icon
Rural Businesses in UK Are Struggling According To Recent Survey
News
28/04/2023Rural Businesses in UK Are Struggling According To Recent Survey

Rural businesses in the UK are struggling to compete with their urban counterparts due to a lack of public infrastructure and skilled labour, according to a recent survey by the British Chambers of Commerce (BCC) and small business platform Xero. 

Read Full PostRead - Eye Icon
How Your Business Can Benefit from UI Design
News
06/10/2021How Your Business Can Benefit from UI Design

Are you interested in hiring a UI designer to take your business to the next level? Here we are going to take a look at the different reasons why you should invest in a UI professional.

Read Full PostRead - Eye Icon
Most Innovative Accountancy Firms of 2016
Finance
02/06/2016Most Innovative Accountancy Firms of 2016

Lewis Ballard Limited is a firm of accountants based in Cardiff, providing consultancy and advisory services to SMEs throughout the UK. As a company of 24 people we offer a holistic approach to our clients, including business development advice, business coach

Read Full PostRead - Eye Icon
Why Poor AI Transformation Could Be an Expensive Mistake for Your Business
News
28/01/2026Why Poor AI Transformation Could Be an Expensive Mistake for Your Business

Artificial intelligence (AI) holds masses of potential for business optimisation. It can support efficiency and productivity across the board.

Read Full PostRead - Eye Icon
A New Dawn for Britishvolt and the UK’s Electric Vehicle Battery Industry
Innovation
02/03/2023A New Dawn for Britishvolt and the UK’s Electric Vehicle Battery Industry

With efforts being made globally to phase out the use of petrol and diesel-powered vehicles in the coming years, several companies have stepped up to research and develop innovative technologies for electric vehicle expansion.

Read Full PostRead - Eye Icon
GLOBALFOUNDRIES Acquires IBM’s Microelectronics
M&A
15/12/2014GLOBALFOUNDRIES Acquires IBM’s Microelectronics

We spoke to Marco Chisari, Head of Corporate Development and M&A at GLOBALFOUNDRIES, to find out more about the deal

Read Full PostRead - Eye Icon
When and Why to Seek Employment Legal Advice: Ensuring Your Rights in the Brisbane Workplace
News
09/09/2024When and Why to Seek Employment Legal Advice: Ensuring Your Rights in the Brisbane Workplace

When and Why to Seek Employment Legal Advice: Ensuring Your Rights in the Brisbane Workplace Facing workplace challenges can be daunting, especially when you’re unsure of your rights and responsibilities. In Brisbane, knowing when and why to seek employm

Read Full PostRead - Eye Icon
New Look acquired by Brait
Finance
02/07/2015New Look acquired by Brait

High Street fashion retailer New Look has announced that Brait, South African billionaire Christo Wiese's investment firm, has acquired a 90% stake in the business.



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