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Lonza Group carve-out makes first significant move, adding to its strength as a provider of microbial control solutions.
December 16, 2021
By: DAVID SAVASTANO
Contributing Editor, Coatings World and Ink World
In July 2021, Lonza Specialty Ingredients (LSI) was successfully carved out from Lonza Group. Backed by Herens HoldCo Ltd., an entity controlled by private equity firms Bain Capital and Cinven, LSI would soon be rebranded as Arxada. The company has two key business lines: Microbial Control Solutions (MCS) and Specialty Products Solutions (SPS). The plan is to grow through two prongs: strategic M&A opportunities and internal investment. In its first major move, Arxada announced on Nov. 3, 2...
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