Platinum Equity to acquire Lonza's Water Care business for $630M

Platinum Equity has entered into a definitive agreement to acquire Lonza's Water Care business and operations for USD 630 million. The business has six manufacturing facilities and approximately 1,200 employees.

“We are putting the Water Care business in the hands of an experienced owner who will develop Water Care as a stand-alone business while focusing on innovation and further growth.”lonza.com

• 2 sources
• lonza.comLonza Further Strengthens Focus on Its Healthcare Continuum Strategy by Signing...Nov 1, 2018
• platinumequity.comPlatinum Equity » News » Lonza Further Strengthens Focus on Its Healthcare Continuum Strategy by Signing Agreement to Divest Water Care Business to Platinum EquityNov 1, 2018

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