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Lupin to buy established products portfolio in Europe, Canada from Sanofi for Rs 91 crore

Under the agreement, Lupin will acquire brands AARANE in Germany and NALCROM in Canada and the Netherlands.

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Lupin to acquire established products in Europe, Canada from Sanofi for Rs 91 crore

Lupin Atlantis Holdings SA, Switzerland, a wholly-owned subsidiary of the company, has signed an asset purchase agreement with Sanofi, a French multinational pharmaceutical and healthcare company, for the purpose, Lupin said in a regulatory filing. Get more Companies News and Business News on Zee Business.

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Lupin to acquire established products in Europe, Canada from Sanofi for Rs 91 cr

Lupin to acquire established products in Europe, Canada from Sanofi for Rs 91 cr
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Lupin acquisition: Lupin to acquire established products in Europe, Canada from Sanofi for Rs 91 cr

Lupin has acquired a portfolio of established products in Europe and Canada from Sanofi for a purchase consideration of EUR 10 million. The deal, signed by Lupin Atlantis Holdings SA, Switzerland, will include brands AARANE in Germany and NALCROM in Canada and the Netherlands. The acquisition is of strategic interest, bringing accretive assets in the respiratory field to help structure the company's new respiratory franchise in Germany.

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Lupin subsidiary enters into asset purchase agreement with Sanofi; shares rise

Lupin subsidiary enters into asset purchase agreement with Sanofi; shares rise
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Lupin's Swiss subsidiary to acquire established products in Europe, Canada from Sanofi, for ₹91 crore

Lupin's Swiss subsidiary to acquire established products in Europe, Canada from Sanofi, for ₹91 crore
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Lupin expands global presence with acquisition of Sanofi's brands for Rs 91 Cr

Lupin expands global presence with acquisition of Sanofi's brands for Rs 91 Cr
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Lupin expands global presence with acquisition of Sanofi's brands for Rs 91 Cr

Lupin expands global presence with acquisition of Sanofi's brands for Rs 91 Cr
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