Basel, CH—Lonza announced the finalization of its divestment in its former Water Care business to Platinum Equity for USD 630 million, according to a press release. The release states that Lonza plans to re-invest parts of the proceeds into the Healthcare Continuumm® and focus on deleveraging. Lonza also announced a...
Basel, Switzerland—Lonza has announced the adjustment of its Mid-Term Guidance 2022 to reflect the divestment of its former Water Care business unit and to emphasize its focus on growth along the Healthcare Continuum, a press release says. Adjusted guidance is the following, according to the press release: Sales of CHF...
Basel, CH, and Copenhagen, DK--DuPont Nutrition and Health and Lonza Specialty Ingredients have entered an agreement to manufacture and supply CARE4U™ 2’-FL, a human milk oligosaccharide (HMO), according to a press release. The release identifies DuPont Nutrition and Health as a world leader in microbial technology and health and nutrition,...
Basel, Switzerland—Lonza announced in a press release the internal alignment of its business structure to accelerate growth along the Healthcare Continuum® and strengthen the Microbial Control business. According to the release, Stefan Stoffel has been appointed to a new role on the Executive Committee as COO, responsible for operations beginning...
Basel, Switzerland—Lonza reported its Full-Year 2018 results in a press release, including 9% organic sales growth, 12% organic CORE EBITDA and 14% organic CORE EBIT growth. The press release further noted that this was the first full year with Capsugel as a combined company. The press release says that sales...
Basel, Switzerland--Lonza, a supplier to the pharmaceutical, biotech and specialty ingredients markets, announced that it has received a S&P BBB+ rating. “This credit rating validates Lonza’s successful growth strategy, leadership positions in its Pharma & Biotech and Specialty Ingredients segments, and the Group’s attractive financial profile," said Rodolfo Savitzky, Lonza’s Chief...
Laval, Québec—Neptune Wellness Solutions announced in a press release that it has received its license to process cannabis from Health Canada. The Health Canada license enables Neptune to handle dried cannabis, manufacture and purify cannabis extracts and cannabis oil, and sell its services to other license holders, according to the...
Greenwood, SC -- Lonza announced its Consumer Health & Nutrition team will become a founding member of the Clean Label Alliance, an initiative aimed at helping manufacturers develop or transition to cleaner labels and meet consumer desires. Developed due to rising demand for transparency and cleaner dietary supplements, the Clean Label...
Greenwood, SC -- Supplement manufacturers can now choose from a range of clean-label colorants when selecting Lonza Capsugel Vcaps Plus plant-based capsules, following the launch of the company’s latest dosage form innovation. Lonza said the new food colored capsules, labeled as natural colorants in the United States, allow customers to create...
Basel, Switzerland — Lonza reported a positive start, led by its contingent of healthcare businesses, during its quarterly earnings call. The former Capsugel business, now part of Lonza Pharma & Biotech and Lonza Consumer Health, performed well in the first quarter of 2018, with integration continuing as planned, following good...
