Natural capsules has entered into an arrangement to acquire API business of Naari Pharma, an integrated Hormonal Generics & API manufacturer on a slump sale basis for a consideration of Rs 24.5 crore. The acquisition includes the hormonal API manufacturing site located at Kashipur, Uttarakhand and associated business focused on Hormonal API segment.
Foray into API & intermediate manufacturing business to diversify its current business solely focused on Empty Hard Gelatin Capsule manufacturing business. The acquisition provides a platform to enter into Hormonal API manufacturing business.
Natural Capsules is a well-equipped modern manufacturing plant to manufacture Hard Gelatin Capsule shells, Hard Cellulose Capsule shells and Pharmaceutical Dosage Forms in Capsule Dosage Form.
