Hotline: 1800 102 2007
Hotline: 1800 102 2007
Feb, 12 2019

Aurobindo completes acquisition of Apotex's five European Biz

The Hyderabad-headquartered drug maker, in July 2018, had inked a binding agreement to buy five of Apotex's European businesses.

Aurobindo completes acquisition of Apotex's five European Biz

Aurobindo Pharma, a world-leading marketer and manufacturer of generic pharmaceuticals and active pharmaceutical ingredients, has completed the acquisition of Canadian generic pharma firm Apotex's commercial operations and certain supporting infrastructure in five European countries.

The Hyderabad-headquartered drug maker, in July 2018, had inked a binding agreement to buy five of Apotex's European businesses, including infrastructure, personnel, products, certain established trademarks, marketing authorisations and dossier licence rights in Poland, the Czech Republic, the Netherlands, Spain and Belgium, in a transaction valued at EUR 74 million.

The acquisition is aimed at accelerating the European growth strategy of Aurobindo by strengthening the geographic reach and commercial infrastructure.

Jefferies International Limited acted as sole financial adviser and Herbert Smith Freehills LLP as legal counsel for the acquisition.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Others Food Service
    Watheen the name to reckon with in the dry fruits..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 30lac - 50lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Pathological Labs
         With a vision to “Transform genetics for Billions”..
    Locations looking for expansion Haryana
    Establishment year 2016
    Franchising Launch Date 2021
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurugram Haryana
  • Healthcare & Medical Products
    About Us: Year of establishing company & Brief content of company:..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 10000 - 50000
    Space required 50
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater New delhi Delhi
  • Household & Consumer Products
    Startup company having experience in working with Water Purifier/Treatment company for..
    Locations looking for expansion Karnataka
    Establishment year 2020
    Franchising Launch Date 2020
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Mysore Karnataka
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities