Fredun Pharma Buys 26% Stake in Goodman Vetcare

Business Standard Markets · stocks

Fredun Pharmaceuticals has acquired a 26% stake in Goodman Vetcare, a strategic move to bolster its presence in India's animal health and pet-care sectors. This collaboration merges Goodman's retail expertise with Fredun's healthcare capabilities, aiming to expand the brand's reach and enhance omnichannel services. Goodman, established in 1989, has shown significant growth, projecting revenues of Rs 40 crore by FY27 and Rs 56 crore by FY28.