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Towa Buys Out Kamata Following Facility Expansion And Guidance Raise

Acquisition Set To Boost Soft Capsule Manufacturing Capacity At Sunsho

 
• By Chloe Kent

Japanese generics firm Towa has acquired Kamata as a wholly owned subsidiary, in order to increase soft capsule manufacturing capacity for its Sunsho segment. The firm has also announced that it has completed expansion works at its Yamagata plant and made a moderate revision to its financial forecast.

Hand holding up two soft capsule tablets
Acquisition will expand Sunsho's soft capsule capacity • Source: Shutterstock

Japanese generics giant Towa Pharmaceutical Co. Ltd. has acquired contract development and manufacturing company Kamata Co. as a wholly owned subsidiary, as part of investment to increase the soft capsule manufacturing capacity of its Sunsho Pharmaceutical subsidiary.

Key takeaways:

  • Towa has acquired CDMO Kamata as a wholly owned subsidiary, in order to increase its soft capsule manufacturing capacity

  • The firm has also completed construction works that have been ongoing at its Yamagata plant since 2021 – when the new facilities open in April, this will boost its annual capacity to 17

Kamata is primarily engaged with the manufacturing of health food products specialized mainly in soft capsules, while Sunsho is engaged in the planning, development and contract manufacturing of numerous health and pharmaceutical products

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