01 Nov 2018 --- Lonza has sold its Water Care business to Platinum Equity in a US$630 million deal. The move allows Lonza to focus on its healthcare continuum strategy, which includes patient healthcare, consumer preventive healthcare and consumer's healthy environment. The company posted strong Q3 results last week across the Healthcare Continuum. In the first half of this year, Lonza reported strong momentum with organic growth of 8 percent (like-for-like) sales and 11 percent CORE EBITDA. The company’s businesses along the healthcare continuum achieved double-digit organic sales growth.
