IFLR1000

Torrent Pharmaceuticals Re36 billion acquisition of Unichem Laboratories

14/12/2017
Acquisition finance, Private acquisition
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Re 36 billion

$ 558 million

Completed

14/12/2017

Overview:

  • Torrent Pharmaceuticals has acquired the India business of Unichem Laboratories for Re36 billion.
  • The deal includes more than 120 brands and a manufacturing facility in Sikkim.

Sam Duke

Jurisdiction:

India

Deal types:

Acquisition finance
Private acquisition

Practice area:

M&A

Industry sector:

Pharmaceuticals and life sciences

Firms:
Desai & Diwanji

Party: Unichem Laboratories (Seller)

Lawyer: Apurva Diwanji

Khaitan & Co

Party: Torrent Pharmaceutical (Borrower, Acquirer)

Lawyers: Bhavik Narsana, Kumar Saurabh Singh

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