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Lonza Group Ltd. Münchensteinerstraße 38 4002 Basel, Switzerland http://www.lonza.com
Contact Ms Dr. Kristin Köhler +41 61 316 87 82
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Lonza Group Ltd.

Lonza Completes Divestment of Water Care Business

(PresseBox) (Basel, )
Lonza announced today the completion of the divestment of its former Water Care business and operations to Platinum Equity for USD 630 million. The strategic agreement between both parties was already announced on 1 November 2018.

 

Lonza plans to re-invest parts of the proceeds of the Water Care disposal into the Healthcare Continuum® and will continue to focus on deleveraging as has already been communicated. Earlier this week Lonza also announced the internal alignment of its business structure and a new Executive Committee member to further strengthen the company’s position along the Healthcare Continuum®.

 

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.