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UCS a leading management consultancy firm in India specialising in merger and acquisition in pharmaceutical and healthcare sector announced successful acquisition of Needs Pharmaceuticals Pvt. Ltd., Roorkee By its client M/s Oriflame India Pvt. Ltd. (a subsidiary of Oriflame Inc., Sweden). UCS acted as advisors for Oriflame India for this acquisition deal.
Oriflame India having its present set up at Noida was planning to expand their manufacturing and marketing base in India and were looking for a WHO certified manufacturing facility which can act as its base for its new range of products to launched in India and South Asian region. Acquisition of the Needs Pharmaceuticals, a WHO certified facility having their plant in Roorkee will go a long way in serving the needs of Oriflame India in meeting its desired business objectives.