QUADRIA CAPITAL-LED CONSORTIUM ACQUIRES STAKE IN LEADING GLOBAL TOPICAL DRUGS MANUFACTURER, ENCUBE ETHICALS
Summary
The partnership with Quadria will enable Encube to execute a robust expansion and growth strategy to establish itself as an integrated global leader in topical drugs globally.Quadria Capital Managing Partner and Co-Founder Dr. Amit Varma said: Encube has an unparalleled track record in topicals manufacturing, with an uncompromising commitment to the highest quality, safety, and reliability standards. I look forward to a fruitful association with Quadria CapitalMultiples Private Equity Founder and CEO Renuka Ramnath said, We had unequivocal conviction in Mehuls vision, acumen and his leadership. Encube has the worlds largest single site topical manufacturing facility in Goa with capacity to produce over 400 million units annually that has been inspected and deemed compliant by US, EU, and several global regulatory authorities. For more information, visit at www.encubeethicals.comQuadria Capital is an independent healthcare focussed private equity firm with assets under management exceeding US$ 2.3 billion and investments in 23 companies across the Asia-Pacific region. This comes from its belief that positive investment returns and constructive social and financial impact must go hand-in-hand.For more information, visit at www.quadriacapital.comMultiples is Indias leading private equity platform distinguished by its long and successful experience of partnering Indian entrepreneurs.