M&A
Sun Pharma buys 60% in animal healthcare co Vivaldis Health & Foods for Rs.143.30 Cr
Sun Pharmaceutical Industries Ltd is to acquire 60% shareholding in Pune-based Vivaldis Health And Foods Pvt Ltd from its existing shareholders for INR 143.30 crore in cash. The remaining 40% shareholding would be acquired later. Vivaldis is engaged in the business of trading, distributing, manufacturing and marketing of drugs, food supplements and over the counter products in the companion animal segment of animal healthcare industry. Its revenue for the financial year 2021-22 was INR 29.92 crore.
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