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Mergers & Acquisitions
Lonza to sell water treatment business to Platinum Equity
by Marc S. Reisch
November 2, 2018
| A version of this story appeared in
Volume 96, Issue 44
Lonza has signed a definitive agreement to sell its water treatment business to the private equity firm Platinum Equity for $630 million. The pharmaceutical and specialty ingredient maker says the divestment will allow it to focus on its core health care business. Lonza acquired the pool and industrial water treatment operation as part of its acquisition of Arch Chemicals in 2011.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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