It also offers the custom development and manufacturing of specialty chemicals and composites to support the electronics, aerospace, food and agrochemical industries.
SEE: New growth phase for PE and venture capital investments in Southeast Asia
Bain Capital and Cinven both have strong experiences in the industrials sector, as well as an established track record of successful investments in portfolio companies.
The transaction is expected to close in 2H2021.
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Bain Capital and Cinven have confirmed that high standards of service delivery and quality for customers will remain a priority following closing.
BofA Securities and UBS are acting as joint financial advisors to Lonza.
Shares in Lonza closed flat at $79.97 on Feb 8.
