JK Paper to acquire a 65% stake in Quadragen VetHealth for INR3bn.

JK Paper, a paper manufacturer, agreed to acquire a 65% stake in Quadragen VetHealth, an animal health company, for INR3bn. "This is a strategic acquisition in a promising and rapidly developing industry segment and provides a new opportunity for the Company to grow. QVPL is a profitable export-oriented enterprise and a leader in its category,” Shri Harsh Pati Singhania, JK Paper Chairman & Managing Director.