© 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 Benefits of QR Codes for Business Marketing and More
Innovation
05/10/2023The Benefits of QR Codes for Business Marketing and More

Business founders and owners easily find themselves drifting when thinking of new offerings or solutions to help them boost the visibility of their companies. Quick response codes are among the latest solutions and offerings that business owners and founders a

Read Full PostRead - Eye Icon
Innovative Wellness Companies of 2020
Innovation
02/06/2020Innovative Wellness Companies of 2020

When people used to think about how they could improve their lives, they may have focused on physical health or finding a better job. Now people look to personal wellness experts to improve their lives from every angle. Keeping track of your wellness means mon

Read Full PostRead - Eye Icon
Next-Gen Shopping App Introduces Aisle Sat-Nav, Facial Age-Verification, Queue-Less and Till-Less Checkout To The High Street
Innovation
11/03/2020Next-Gen Shopping App Introduces Aisle Sat-Nav, Facial Age-Verification, Queue-Less and Till-Less Checkout To The High Street

Ubamarket is the only tech of its kind to increase purchases and secure more footfall for high street retailers. This is a much-needed solution amidst the decline of the UK retail industry following the rise of e-commerce, which has seen large quantities of cu

Read Full PostRead - Eye Icon
Cyber Criminals Target M&A  Negotiations
Innovation
22/06/2015Cyber Criminals Target M&A Negotiations

We hear from Stuart Poole-Robb, Chief Executive of the security, business intelligence and cyber security adviser, the KCS Group Europe.

Read Full PostRead - Eye Icon
WatchDog Wonder Wins Award
Innovation
19/03/2020WatchDog Wonder Wins Award

The importance of surveillance has grown significantly in the last few years as a sure-fire way of protecting people and property from harm. For over a decade, the team at WatchDog have played a major part in the maturing of the industry, standing at the foref

Read Full PostRead - Eye Icon
The Future of Retail: 4 Key Challenges to Watch Out For
News
03/10/2023The Future of Retail: 4 Key Challenges to Watch Out For

The retail industry is facing a tough test in 2023, and there are many signs that it will be another challenging year for many businesses.

Read Full PostRead - Eye Icon
Innovative Law Firm of 2016 – Canada
Legal
04/05/2016Innovative Law Firm of 2016 – Canada

Founded in 2002 by Marcel Banasinski, Banasinski & Associates o/a Dad Law is dedicated to helping men overcome the challenges they encounter in family law and divorce matters.

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
Mergers and Acquisitions (M&A) Targeting Financial Services
Finance
07/06/2016Mergers and Acquisitions (M&A) Targeting Financial Services

Both the volume and value of mergers and acquisitions (M&A) targeting financial services companies worldwide increased in the second half of 2015.



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