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Cipla arm completes acquisition of South Africa-based firm Anmarate

Cipla arm completes acquisition of South Africa-based firm Anmarate

Thursday, April 13, 2017, 7:49 AM

Drug firm Cipla said today it's subsidiary in South Africa has completed the acquisition of Anmarate (Pty) Ltd, South Africa, a deal estimated at around ZAR 26 million. "The company's wholly-owned subsidiary Cipla Medpro South Africa Pte has completed acquisition of Anmarate (Pty)," Cipla said in a BSE filing. The company, on March 31, announced the acquisition saying it would strenghen its market position.
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