Cleary Gottlieb acted as international counsel to Mitsubishi Chemical Holdings Corporation in its approximately $650 million acquisition of Qualicaps Co. Ltd. from several Carlyle Group limited partnerships. The parties entered into a share sale agreement on December 25, 2012. The transaction closed in March 2013.
Qualicaps Co. Ltd. manufactures and sells hard pharmaceutical capsules and related processing equipment, and is the largest pharmaceutical capsule provider in Japan.