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GLAND PHARMA NOW IN FRANCE
Businessworld India
|December 17, 2022
HYDERABAD-BASED Gland Pharma, a fast growing generic injectables manufacturing company with a global footprint across 60 countries, including the United States, Europe, Canada and Australia, has entered into a Put Option Agreement to acquire a 100 per cent stake in the Cenexi Group of France.
The buy-out will be for an equity value of 120 million euros (roughly Rs 1014.14 crores). Gland Pharma Managing Director and CEO, Srinivas Sadu, has said in a statement that the acquisition would help expand the company's global presence and solidify its identity as an injectable-focused Contract Development and Ma
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