Hotline: 1800 102 2007
X
Search Business Opportunities
Nov, 28 2016

​Strides Shasun acquires PediaCare for over USD 5 Million

PediaCare is an established paediatric cough, cold and allergy brand with annual sales of around USD 6 million.

Strides Shasun, a drug firm has signed a pact with Sweden's Moberg Pharma to acquire PediaCare brand for over USD 5 million.

Strides Shahun said in a statement that the company's wholly-owned subsidiary Strides Arcolab International Ltd, UK has entered into an agreement with Moberg Pharma to acquire the PediaCare brand for a total consideration of USD 5 million plus inventory value at closing.

It also added, "PediaCare will form an important part of Strides expanding consumer health care portfolio and brings with it expertise in the paediatric segment as well as a strong brand name with global potential."

PediaCare is an established paediatric cough, cold and allergy brand with annual sales of around USD 6 million.

Comment
image
Related opportunities
  • ABOUT US : We build bicycles for every age group. Ryder..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Quick Service Restaurants
    About Us: Cafe social is focused on providing a safe and..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Us: A variety of traditional hawker snacks and street foods..
    Locations looking for expansion Delhi
    Establishment year 2000
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Pharmacies
    About Us: Established in 2017, Care Pharmacy is one of Gujrat's..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities