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Piramal eyes injectables scale-up with Coldstream buy

 
• By Anju Ghangurde

Piramal Enterprises, the diversified Indian healthcare to financial services company, has kicked off 2015 with an all-cash acquisition of the Kentucky-based specialty contract development and manufacturing firm Coldstream Laboratories for $30.65m.

Piramal Enterprises, the diversified Indian healthcare to financial services company, has kicked off 2015 with an all-cash acquisition of the Kentucky-based specialty contract development and manufacturing firm Coldstream Laboratories for $30.65m.

The deal, which could potentially buttress capacity and capabilities of Piramal's Grangemouth site in Scotland, allows the Indian group to move deeper into the injectables segment.

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