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Zydus Lifesciences announces acquisition of 50% stake in Sterling Biotech's API business

Sep 17, 2024•about 1 year ago

Acquiring Company

Zydus Wellness

Acquired Company

Sterling Biotech Ltd

AhmedabadMumbaiManufacturingFood And BeverageManufacturingBiotechnology

Description

Zydus Lifesciences has announced a crucial acquisition deal involving the acquisition of 50% stake in Sterling Biotech Ltd's Active Pharmaceutical Ingredients (API) Business. This strategic move aims to expand Zydus's portfolio and leverage SBL's fermentation-based products expertise and manufacturing facility in proximity to Zydus's existing facility.

Company Information

Company

Zydus Wellness

Location

Ahmedabad, Gujarat, India

About

Zydus Wellness Ltd is a leading player in the wellness sector, offering a range of health-oriented products. The company focuses on providing innovative solutions to cater to consumer needs. Through strategic acquisitions, it aims to enhance its market presence and capabilities in the health and wellness industry.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed