Hotline: 1800 102 2007
Hotline: 1800 102 2007
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 acquires PediaCare for over USD 5 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.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Womens Wear
    About Us: Paislei has always been a representative of ‘urban fusion’..
    Locations looking for expansion Delhi
    Establishment year 2009
    Franchising Launch Date 2019
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi Delhi
  • Bars, Pubs & Lounge
    About Us: Sizzante is a landmark of veg/ non-veg Sizzlers. The..
    Locations looking for expansion Gujarat
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater ahmedabad Gujarat
  • Quick Service Restaurants
    About : Waffle House bring a standardized international food in the..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 50
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Cosmetics & Beauty Product Stores
    About Us: Started in 2004, Everyday Herbal Beauty Care, promoted &..
    Locations looking for expansion Gujarat
    Establishment year 2004
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities