# Platinum Equity completes acquisition of Lonza's water care business for $630M

Platinum Equity has completed the acquisition of Lonza's water care business in a transaction valued at approximately $630 million. The business, headquartered in Alpharetta, GA, has six production facilities across North America, South America, and EMEA.

- Type: Acquisition
- Announced: 2019-02-28
- Where: Alpharetta, Georgia, United States
- Value: $630.0M
- Status: completed
- Products: water treatment solutions, residential pool care products, industrial water treatment products
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Platinum Equity](https://endata.com/companies/1087.md) (acquirer)
- [Lonza Group AG](https://endata.com/companies/20735.md) (partner)
- [Lonza Group AG](https://endata.com/companies/20735.md) (target)
- [Lonza Water Care](https://endata.com/companies/37865.md) (target)

## Sources

- [platinumequity.com](https://www.platinumequity.com/news/platinum-equity-completes-acquisition-of-lonza-water-care/), 2019-02-28: "Platinum Equity today announced it has completed the acquisition of Lonza’s water care business in a transaction valued at approximately $630 million."
- [globenewswire.com](https://www.globenewswire.com/news-release/2019/03/01/1744996/0/en/platinum-equity-completes-acquisition-of-lonza-water-care-business.html), 2019-03-01: "Platinum Equity today announced it has completed the acquisition of Lonza's water care business in a transaction valued at approximately $630 million."
- [labusinessjournal.com](https://labusinessjournal.com/news/weekly-news/platinum-equitys-lonza-deal-finalized/), 2019-03-07: "Following the transfer of ownership, the unit will operate as a stand-alone company and will announce a new 'corporate identity.'"

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