•  •  Dark Mode

Your Interests & Preferences

I am a...

law firm lawyer
in-house company lawyer
litigation lawyer
law student
aspiring student

Website Look & Feel

 •  •  Dark Mode
Blog Layout

Save preferences

Link Legal Mumbai acts on Alkem Labs’ $6m acquisition of Sikkim biz of Cachet Pharma

Alkem Laboratories Limited informed the markets ... that the company has acquired an undertaking, as a whole and on a going and running concern basis from Cachet Pharmaceuticals Private Limited, a subsidiary of the company. The cost of acquisition is Rs. 51,85,00,000. — DSIJ

Alkem Laboratories Limited, a public listed company, used to procure substantial part of its liquid pharmaceutical products like syrups, etc. manufactured from the said undertaking it had acquired from Cachet, as Alkem did not have its own manufacturing unit to produce liquid pharmaceutical products. It could now start manufacturing liquid products for better control over the products and timelines.

Link Legal India Law Services advised Alkem Laboratories Limited led by a team of co-managing partner Nusrat Hassan, associate partner Yosham Vardhan, senior associate Ankit Agarwal and Neil associate Lopez, advising on the structuring, due diligence, drafting of the transaction documents and closing.


Deal value: Rs 51 crores

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.

No comments yet: share your views