Date:20/09/11,
M&A,
Cross Border Deal, Announced,
EID Parry is acquiring additional 49% stake in Florida based US Nutraceuticals LLC to make it a fully owned subsidiary.
EID Parry acquires 48% stake in US Nutraceuticals for $9 million in 2008. The company is engaged in the nutraceuticals business under the name of Valensa International.
Recently, EID also acquires24% stake in Sadashiva Sugars to make it a wholly owned subsidiary of the company. It had acquired 76% stake in Sadashiva Sugars for $10.86 million in October'09.
EID Parry acquires 48% stake in US Nutraceuticals for $9 million in 2008. The company is engaged in the nutraceuticals business under the name of Valensa International.
Recently, EID also acquires24% stake in Sadashiva Sugars to make it a wholly owned subsidiary of the company. It had acquired 76% stake in Sadashiva Sugars for $10.86 million in October'09.
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