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Market Impact: 0.45

Lonza To Divest Capsules & Health Ingredients Business To Lone Star Funds

M&A & RestructuringPrivate Markets & VentureCompany FundamentalsHealthcare & BiotechManagement & Governance

Lonza agreed to sell its Capsules & Health Ingredients (CHI) business to Lone Star Funds for an enterprise value of CHF 2.3 billion (about US$3.0 billion). The deal is described as the final and most significant step in Lonza's strategic portfolio transformation, providing material proceeds and enabling the company to refocus on core operations and capital allocation decisions.

Analysis

Lonza agreed to sell its Capsules & Health Ingredients (CHI) business to Lone Star Funds for an enterprise value of CHF 2.3 billion (about US$3.0 billion). The deal is described as the final and most significant step in Lonza's strategic portfolio transformation, providing material proceeds and enabling the company to refocus on core operations and capital allocation decisions.

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