The story
Capsugel was founded in the 1960s as a division of Parke-Davis. In 1970, Parke-Davis, including Capsugel, was acquired by Warner Lambert, which was acquired by Pfizer in 2000. On 1 August 2011, Pfizer sold Capsugel to global investment firm Kohlberg Kravis Roberts for $2.38 billion. In July 2017, the Lonza Group completed the acquisition of Capsugel for $5.5 billion from Kohlberg Kravis Roberts. In 1987, while a subsidiary of Warner Lambert, the firm was one of only five pharmaceutical joint ventures in China, the joint venture firm being Suzhou Capsugel Ltd.
According to one source, Capsugel originated technology for the production of hard shell capsules from starch.
Executive history
Charles Hoover was promoted to President of the company in 1989; he had previously served as the general manager of the company's largest manufacturing facility and had introduced quality improvement to the company starting in 1982. During his tenure as President, he introduced a company-wide focus on statistical process control. By 2016, the company's President and chief executive officer (CEO) was Guido Driesen.
From Wikipedia’s article on Capsugel, shared under CC BY-SA 4.0.5