Mitsubishi Chemical to acquire pharma capsule manufacturer from Carlyle Group for $650 million

Mitsubishi Chemical and private equity firm The Carlyle Group (Washington) say that Mitsubishi will acquire Qualicaps (Yamatokoriyama, Japan) from Carlyle for ¥55.8 billion ($650 million). Qualicaps, which was established in 1965, develops, manufactures, and distributes capsules for pharmaceutical, and health and nutrition products. Its products include hard gelatin capsules, nongelatin hypromellose capsules and pharmaceutical processing equipment. Qualicaps is the world’s second-largest provider of hard capsules to the global pharmaceutical...

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