Acquisitions10 Feb 2024, 10:06 pm
PHARMAIDS PHARMACEUTICALS LTD ACQUIRES 51% STAKE IN ANUGRAHA CHEMICALS
AI Summary
Pharmaids Pharmaceuticals Limited has acquired 51% stake in Anugraha Chemicals, a partnership firm engaged in contract manufacturing and manufacturing of APIs, intermediates, and fine chemicals. The acquisition is in multiple tranches and is aimed at expanding the company's business and supporting Anugraha Chemicals to reach a larger market and acquire a larger customer base.,
Key Highlights
- Acquisition of 51% stake in Anugraha Chemicals
- Expansion of business and support for the firm
- Multiple tranches of investment