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Lonza Completes Acquisition of Arch Chemicals

Company bulks up its microbial control business.

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By: TOM BRANNA

Editor

Lonza Group Ltd reported the expiration of the subsequent offering period of the tender offer by Lonza and its indirect, wholly-owned subsidiary LG Acquisition Corp. for all outstanding shares of common stock of Arch Chemicals, Inc. at a price of $47.20 per share in cash, without interest and less any required withholding taxes. Lonza Microbial Control, a new business sector formed by the acquisition and led by Jeanne Thoma as previously reported in Happi, will provide customers with a comple...

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