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Advanced Enzyme eyes inorganic growth through acquisitions

20 Jun 2017 Evaluate

Advanced Enzyme Technologies is eyeing inorganic growth through acquisitions and targeting Rs 1,000 crore turnover in the next five years. The company is looking for acquisitions in Europe and North America. The company has repaid the debt of around Rs 120 crore in the last two years and it is generating cash, which will be used to fund the acquisition plans.

Advanced Enzyme Technologies is an India based company engaged in research, development, manufacturing and marketing of Healthcare, Nutrition and Bio-Processing products.


Peers
Company Name CMP
Sun Pharma. Inds. 1820.00
Dr. Reddys Labs. 1236.00
Cipla 1350.00
Lupin 2042.00
Zydus Lifesciences 1163.35
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