Piramal acquires Digeplex from Shreya Lifesciences

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Piramal Enterprises Consumer Products Division has announced theacquisition of Digeplex and associated brands from Shreya Lifesciences.

This acquisition strengthens Piramal’s position in the Gastro-Intestinal (GI) segment.

Nandini Piramal, Executive Director, Piramal Enterprises said, “Acquisition is one of the important routes to help us achieve our goal and in the last 2 years, we have completed three acquisitions in the Consumer Products business, itself.  The combination of organically growing our existing core brands and strategically acquiring accretive brands, has helped us create a powerful portfolio of OTC brands in India.”

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Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.
yash@newsbarons.com
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