JB Chemicals & Pharmaceuticals Ltd (JBCPL) has successfully completed transactions for the acquisition of a portfolio of brands from Sanzyme Private Limited (SPL).
The company’s board at its meeting held on January 25, 2022, had given approval for the acquisition of a portfolio of brands, for use and commercialization within India, from Sanzyme Private Limited (SPL).
JBCPL is one of the fastest-growing pharmaceutical companies in India and Sanzyme is a leading player in the probiotics and reproductive health segment in the country. The transaction was valued at Rs628cr.
At around 9.42 AM, JB Chemicals & Pharmaceuticals Ltd was trading at Rs1,773.15 per piece down by Rs10.4 or 0.58% from its previous closing of Rs1,783.55 per piece on the BSE.
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