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Aurobindo Pharma announces plans to acquire Generis Farmaceutica SA in Portugal

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Through its wholly owned step down subsiairy - Agile Pharma B.V, Netherlands

Aurobindo Pharma announced that its wholly owned step down subsidiary - Agile Pharma B.V, Netherlands has entered into an agreement to acquire 100% shareholding in Generis Farmaceutica S.A., a Portuguese Pharmaceutical company engaged in the manufacture and marketing of pharmaceutical products in Portugal. The cost of acquisition is Euro 135 million. The acquisition includes the manufacturing facility in Amadora, Portugal, which has the capacity to manufacture 1.2 billion tablets/ capsules/ sachets annually.

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First Published: Jan 07 2017 | 1:05 PM IST

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