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Piramal Enterprises acquires five brands

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Capital Market
Last Updated : Dec 24 2015 | 12:01 AM IST

from Organon India Pvt. Ltd. (OIPL) and MSD BV

Piramal Enterprises has acquired five trademark rights for India from Organon India Pvt. Ltd. (OIPL) and MSD BV for a consideration of Rs 92 Crore.

The acquisition includes mainly the brands Naturolax, Lactobacil and Farizymwhich PEL intends to continue in the Gastro-Intestinal (GI) segment through the over-the - counter (OTC) route.

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First Published: Dec 23 2015 | 9:49 AM IST

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