8 May, 2026 14:46:51 IST 
London-headquartered private equity firm, Lone Star Funds, has announced that an affiliate of Lone Star Fund XII, L.P. has completed the previously announced acquisition of the specialty chemicals and high performance polymers businesses of Italian chemicals conglomerate, RadiciGroup. The PE firm has also agreed to acquire Domo Engineered Materials, a business division of Germany-based Domo Chemicals.
Both RadiciGroup and Domo are leading players in the production and sale of polyamide. The two deals, executed simultaneously will bring together two established platforms to form a global, independent tier-1 compounder serving automotive, construction, consumer and industrial markets. Following completion, the combined platform will leverage well-established brands, including RadiciGroup, Domo and Technyl.
The Domo transaction comprises the full scope of the Engineered Materials business, including three European manufacturing sites located in Premnitz (Germany), Arco (Italy), and Gorzów (Poland), certain Belgian, German, Spanish, Polish and Indian support functions as well as the international entities operating in Haiyan (China), Mumbai (India), Seoul (South Korea) and Buford (United States). The transaction further includes the sales and marketing functions in France, application centre in Lyon, covering engineering materials science, and final application development and testing activities, the masterbatch industrial activities as well as associated technical and administrative functions.
Lone Star has also acquired the intellectual property portfolio of the Domo business, including the Technyl brand, which has supplied polyamide compounds (PA6 and PA66) to the technical polymers market for over 70 years. The Belle Étoile production assets are excluded from the transaction and remain under court-appointed administration.
Mr. Jochen Fabritius, who has led companies in the Lone Star portfolio for the past decade, has been appointed CEO of the combined organisation.
Mr. Donald Quintin, Chief Executive Officer of Lone Star, said that the combination will not only strengthen the competitive positioning of the business globally, but also provide the resources and stability needed to drive innovation, support customers and protect industrial know-how and employment.
