© Copyright Acquisition International 2025 - 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
How Different Technologies Work Together to Help Developers Deliver Commercial Real Estate Projects On Time and On Budget
M&A
24/10/2022How Different Technologies Work Together to Help Developers Deliver Commercial Real Estate Projects On Time and On Budget

According to statistics by J.P. Morgan and Real Capital Analytics, the commercial real estate market is booming, multifamily vacancies are at a record low of 4.7%, and sales of commercial properties recorded a 56% year-over-year growth in Q1 2022.

Read Full PostRead - Eye Icon
Valuable Tips for Bootstrapping an API-Based Startup
Innovation
19/04/2022Valuable Tips for Bootstrapping an API-Based Startup

An API-based startup is one of the best business concepts to build up using the bootstrapping method.

Read Full PostRead - Eye Icon
Finance Options for Your Swiss Property Purchase
Finance
30/06/2023Finance Options for Your Swiss Property Purchase

One might not immediately consider Switzerland when thinking about lucrative international property investments, yet this gem of a country offers a thriving hotel market that can deliver impressive returns.

Read Full PostRead - Eye Icon
How to Start a Virtual Assistant Business in 2023
Innovation
23/05/2023How to Start a Virtual Assistant Business in 2023

A helpful guide for those who want to start a virtual assistant business, including effective virtual assistant business tools to help your new business thrive.

Read Full PostRead - Eye Icon
Moody’s Analytics Predicts One of the Longest Economic Expansions in History
Finance
26/03/2015Moody’s Analytics Predicts One of the Longest Economic Expansions in History

Moody's Analytics, a leading provider of economic forecasts, expects the current US economic expansion to be one of the longest in history, as jobs continue to grow, wages revive, and households and businesses balance sheets strengthen.

Read Full PostRead - Eye Icon
Silverfleet Capital to Acquire Sigma Components
M&A
04/05/2016Silverfleet Capital to Acquire Sigma Components

Silverfleet Capital, the European private equity firm, has today announced its agreement to acquire a majority stake in the aerospace division of Avingtrans Plc (“Sigma Components” or “Sigma”), a UK precision engineering components manufacturer for the

Read Full PostRead - Eye Icon
Navigating Troubled Waters & Mastering the Art of Handling Shipping Invoice Discrepancies
News
25/04/2024Navigating Troubled Waters & Mastering the Art of Handling Shipping Invoice Discrepancies

In global commerce, handling shipping invoices can often become a perplexing issue for businesses, from small enterprises to large corporations. Missteps in this area can lead to significant financial discrepancies, strained business relationships, and delayed

Read Full PostRead - Eye Icon
What is a Vendor Manager and Why Would You Want One For Your Business
News
04/07/2022What is a Vendor Manager and Why Would You Want One For Your Business

Vendors are often at the heart of an organization's operations and activities. They accelerate the growth of your company, help achieve profit goals and generate sizable revenue.

Read Full PostRead - Eye Icon
ARX Equity Partners completes sale of Fincentrum to Swiss Life
Finance
25/10/2018ARX Equity Partners completes sale of Fincentrum to Swiss Life

Further to regulatory approval, ARX Equity Partners / https://www.arxequity.com (“ARX”) has successfully completed the exit of its investment in Fincentrum / https://www.fincentrum.com, a leading, independent financial advisory business operating in the Cz



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