# 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.

- Type: Acquisition
- Announced: 2018-11-01
- Where: Alpharetta, GA, United States
- Value: $630.0M
- Jobs: 1,200
- Status: announced
- Products: water treatment solutions, residential pool care, industrial and municipal water care
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Platinum Equity](https://endata.com/companies/1087.md) (acquirer)
- [Lonza Group AG](https://endata.com/companies/20735.md) (target)

## Sources

- [lonza.com](https://www.lonza.com/news/2018-11-01-06-00), 2018-11-01: "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."
- [platinumequity.com](https://www.platinumequity.com/news/lonza-further-strengthens-focus-on-its-healthcare-continuum/), 2018-11-01: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.