10.01.05
Global private equity firm The Carlyle Group, Tokyo, Japan, acquired 100% of the outstanding shares of four Shionogi subsidiaries—Shionogi Qualicaps Co., Ltd., Shionogi Qualicaps, Inc., Shionogi Qualicaps SA and Shionogi Europe BV (“Shionogi Qualicaps Group”)—through a management buyout (MBO). In this agreement, the current management will remain in place and all employees will be retained. The transaction is expected to be completed this month. The Shionogi Qualicaps Group, entirely held by Shionogi directly or indirectly, manufactures and markets hard capsules in the pharmaceutical and nutritional markets.