Lonza Group Ltd. (SWX:LONN) will seek acquisitions. During the full year results 2021 investor and analyst conference call, Philippe Deecke, Chief Financial Officer said, "our main objective is to retain the flexibility to rapidly deploy funds in growth investments and bolt-on acquisitions when attractive opportunities arise. As a result of future planned organic investments and bolt-on acquisitions, we expect an increase of leverage in the midterm to our pre-divestment levels and remain fully committed to our current BBB+ investment rating".