Lonza Group AG (SWX:LONN) will look for acquisitions. Philippe Deecke said "Excess capital not allocated to organic growth opportunities and dividends will be considered for return to shareholders through other measures. Given our complete end-to-end value offering, we do not see significant need for larger external growth investments.

However, we will continue to consider strategically relevant and bolt-on acquisitions if they are of high quality and offer clear benefits by providing either technological or commercial benefits".