Industry News, Mergers and Acquisitions, Suppliers News

Lonza Selling Specialty Chemicals Business

The move puts the company's focus on pharmaceutical ingredients.

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By: Anthony Locicero

Copy editor, New York Post

Lonza is exiting the specialty chemicals business to focus on pharmaceuticals.    Bain Capital and Cinven agreed to purchase Lonza’s specialty ingredients business and operations for an enterprise value of CHF 4.2 billion (about $4.66 billion).   “[This] announcement is the result of a comprehensive and robust selection process. Bain Capital and Cinven have shown they understand the value of the experience and expertise of our specialty ingredients employees,” said Lonza Chairman A...

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