ChrysCapital Acquires Minority Stake in La Renon
April 16, 2024
India-focused PE firm ChrysCapital is investing about $70 million to acquire a minority stake in Ahmedabad-based pharmaceutical company La Renon. The growth investment will support La Renon's expansion plans across chronic therapeutic segments, strengthen manufacturing and R&D capabilities, and fund geographic expansion into international markets.
- Buyers
- ChrysCapital
- Targets
- La Renon
- Industry
- Pharmaceuticals
- Location
- Gujarat, India
- Transaction Type
- Growth capital
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