Mitsubishi acquire Qualicaps from Carlyle Group

Mitsubishi to acquire Qualicaps from Carlyle Group

9:37 AM, 27th December 2012
Mitsubishi to acquire Qualicaps from Carlyle Group

 

TOKYO, JAPAN: The Carlyle Group has agreed to sell its entire shareholdings in Qualicaps to Mitsubishi Chemical Holdings. Further details of the transaction were not disclosed. The transaction is subject to regulatory approvals and is expected to close in March 2013. Qualicaps is a global company that partners primarily with pharmaceutical companies to provide empty two-piece hard capsules and pharmaceutical processing equipment.

Carlyle acquired Qualicaps, formerly known as Shionogi Qualicaps, from Shionogi & Co, Ltd in October 2005, and focused on transforming the company’s business through setting up global management infrastructure, expanding manufacturing capability, pursuing operational excellence and implementing global marketing strategy.

“Qualicaps is an excellent example of Carlyle’s global value creation. In 2005, we had the vision to create one of the world’s largest pharmaceutical capsule providers with a truly integrated global management platform. Over the past seven years, we have supported Qualicaps in various aspects such as building a strong management team, improving manufacturing quality, and executing strategic add-on acquisitions,” said Takaomi Tomioka, Managing Director, Carlyle Group.

“Qualicaps has been recognized as a business partner by global pharmaceutical giants and has delivered outstanding growth. We are proud to have supported Bernd Brust and his team for its accomplishments. Mitsubishi Chemical is an excellent strategic partner for Qualicaps and this transaction is an exciting opportunity to ensure the business continues to maximize its full global potential, contributing to further globalization of the Japanese blue-chip company such as Mitsubishi Chemical,” added Tomioka

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