Mahesh Singhi
Singhi Advisors Pvt. Ltd.
Okasa Pharmaceuticals
Deal Type
Company sale
Sector
Healthcare
Completion Date
16th July 2015
Deal Value
Not disclosed
Company Background
Contract pharmaceutical manufacturer
Deal Summary
Medispray Laboratories Private Limited, a wholly owned subsidiary of Cipla acquired two manufacturing units from Okasa a related party of CIPLA. There were two legs to the transaction whereby the business were first transferred to the CIPLA subsidiary with the consent of the minority shareholders and then Hamsons purchased shares of the minority shareholders in the remaining company
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