Arxada Ltd./Troy Corporation

Based in Basel, Switzerland, Arxada Ltd. , formerly known as Lonza Specialty Ingredients, and Lonza Specialty Chemicals. Lonza Specialty Ingredients was the chemicals division of Lonza AG until 2021 when it was acquired by Bain Capital and Cinven for approximately CHF 3 billion. The company provides specialty chemicals for microbial control solutions.

As of 2021, the firm has 2,900 employees, 11 research and development centers, and 17 manufacturing sites across the world. The firm develops and manufactures a range of chemicals products such as microbial control solutions and specialty products solutions for sanitizers, preservatives, disinfectants, home, and personal care, material and wood protection, paints and coatings, and crop protection. The company also offers Lonzacure, which consists of polyurea and epoxy hardeners that enable the manufacture of resins, and Primaset, which specializes in cyanates intended for use in the electronics, automotive, and aerospace sectors. The company generated a revenue of EUR 1.

5 billion in 2020. Following its acquisition by Bain Capital and Cinven, Lonza Specialty Ingredients plans to enhance its research and development capabilities, create deeper customer relationships through customized application development, invest further in the production facility in Visp, Switzerland to enhance its technical capabilities and specialty chemicals portfolio and consolidate the microbial control solutions market through buy-and-build opportunities in the sector.