Sodalis Group acquires HRB Brands in strategic expansion into American market

Sodalis Group acquires HRB Brands in strategic expansion into American market

In a landmark development poised to redefine the dynamics of the beauty and personal care industry, the European-based Sodalis Group has announced its acquisition of HRB Brands from Tengram Capital Partners, a middle-market private equity firm. HRB Brands, known for its iconic names such as Alberto VO5, Zest, Brut, and Rave, holds a significant presence […]

Ind-Swift Labs to sell API and CRAMS business to Synthimed for Rs 1,650cr

Ind-Swift Labs to sell API and CRAMS business to Synthimed for Rs 1,650cr

In a groundbreaking move that has left the pharmaceutical sector buzzing, the Board of Directors of Ind-Swift Laboratories Limited (“Ind-Swift”) announced the blockbuster sale of its active pharmaceutical ingredients (API) and contract research and manufacturing services (CRAMS) divisions to Synthimed Labs Private Limited (“Synthimed”) on September 6, 2023. The mega-deal, valued at a whopping INR […]