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Mergers & Acquisitions | 13 March 2012

Freudenberg Filtration Acquires Pyramid Filters

by Charmi Gutka
Freudenberg Filtration Acquires Pyramid Filters
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@Freudenberg_Filtration Private Limited has acquired Pune based Pyramid Filters Private Limited.

With this deal, Freudenberg Filtration will be able to add new products to its portfolio.

Founded in 1998, Pyramid Filters manufactures air filter elements and systems for clean room applications in the pharmaceutical, medical, food and chemical industries.

NMDC To Acquire Majority Stake In Brazil Based Amplus

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NMDC Limited is planning to acquire Amplus, a Brazilian iron ore company.

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Strides Arcolab Divests Stake In Biotech Project Stelis Biopharma To GMS Holding

Strides Arcolab Divests Stake In Biotech Project Stelis Biopharma To GMS Holding

Along with the merger of Shasun Pharmaceutical with itself, Strides Arcolab also announced the induction of a strategic partner in its greenfield biotech project, Stelis Biopharma. As per the deal GMS Holding will pick up 25.1%s stake in the biotech arm infusing $8.5Mn.

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