Lonza, the Swiss manufacturer of pharmaceutical and specialty ingredients, has said that it is in final negotiations with KKR regarding the potential acquisition of the US-based Capsugel, the manufacturer of two-piece hard gelatin capsules (the preferred solid oral dosage form). If the deal materialises, then experts believe that it would be worth more than $ 5 billion.
“Lonza confirms that it has expressed a strong interest in this successful company as it would fit perfectly with Lonza’s Healthcare Continuum strategy and strengthen its position as leading supplier to a number of important healthcare markets. A successful acquisition would be value adding and be within Lonza’s stated acquisition criteria,” said Lonza in a statement.
Capsugel designs, develops and manufactures a wide range of innovative dosage forms for the biopharmaceutical and consumer health and nutrition industries. Its diversified customer base includes companies that make branded, generic and specialty pharmaceuticals; biotech products; over-the-counter medicines; vitamins and dietary supplements.