Lonza Group AG (SWX:LONN) is look for bolt-on acquisitions. Philippe Deecke Chief Financial Officer said during the 42nd JPMorgan Healthcare Conference, "Given our complete end-to-end value chain offering, we do not see a significant need for large inorganic investments. However, we continue to consider strategically relevant bolt-on acquisitions if they are of high-quality and of clear technological or commercial benefits".