Created with Sketch.

17. Feb 2021 | Markets & Companies

Lonza to sell its Specialty Ingredients Division to Bain Capital and Cinven

Bain Capital Private Equity and Cinven have entered into definitive agreements to acquire Lonza Specialty Ingredients (“LSI”), a division of Lonza AG, for a total enterprise value of EUR 3.9 billion.

Switzerland-based Lonza sells its specialty ingredients division for EUR 3.9 billion.
Image source: thodonal - stock.adobe.com

LSI is one provider of specialty chemicals for microbial control solutions, used to eliminate or control harmful and unwanted micro-organisms. The company’s products are critical ingredients in coatings, disinfectants, preservatives, sanitizers as well as personal care products and other industrial uses. The business also produces a range of other specialty chemicals, centered around its unique production facility in Switzerland.

Headquartered in Basel, Switzerland, LSI has approximately 2,800 employees, 11 R&D centers and 17 manufacturing sites across the world. The business serves circa 5,300 customers across a wide range of end-markets.

Acquisition to strengthen footprint

LSI is a strong company, which presents an attractive investment opportunity for a number of reasons:

The strategy of the consortium is to:

“LSI has multiple attractive growth opportunities as the leading global player in the growing market for microbial control. Our strategy is to reinforce the company’s market position, to accelerate growth through further investment in R&D and innovation, and to use LSI as a platform for further industry consolidation, in line with Bain Capital’s and Cinven’s strategies in other sectors,” commented David Danon, Managing Director at Bain Capital.

European Coatings Journal

Subscriptions

European Coatings Journal

European Coatings Journal is Europe’s leading monthly journal for the coatings industry:

  • Trendsetting industry news
  • Cutting-edge technical papers
  • Exclusive market insight

Manufacturers and suppliers, associations and institutes use European Coatings Journal as their preferred source of information for the professional, more practical aspects of technology.

This could also be interesting for you!

0 Comments

You are currently not logged in

To leave a comment, please log in.

Login
For continuously improving and optimizing our websites, we use cookies. By using our website, you agree to the usage of cookies. For more information, please visit our Privacy policy.
Accept