Cadila All Set To Acquire Sarabhai Zydus Animal Health

Cadila Healthcare (Zydus Cadila) is all set to buy the remaining 50 per cent stake in its joint venture Sarabhai Zydus Animal Health Ltd to make it a wholly owned subsidiary. Zydus has inked a share purchase agreement with Ambalal Sarabhai Enterprises, in this regard. Zydus Cadila has entered into a strategic alliance with Ambalal Sarabhai Enterprises in January 2000 to integrate the animal healthcare business of both the groups to create ''Sarabhai Zydus Animal Health Ltd'', one of the leading animal healthcare companies in India. The company markets a wide range of therapies and has a strong presence in the livestock, poultry and companion animal business.