Lone Star Funds (“Lone Star”) announced the completion of the acquisition of RadiciGroup’s High Performance Polymers and Specialty Chemicals businesses through an affiliate of Lone Star Fund XII, L.P. In addition, the company has signed binding agreements to acquire DOMO Engineered Materials (DOMO EM), a business division of DOMO Group, with the transaction expected to close shortly. The dual acquisition marks a significant move in the global specialty materials and engineered polymers sector.
Combined Platform to Create Global Tier-1 Compounder
By bringing together the two businesses, Lone Star aims to establish a strong independent global tier-1 compounder with enhanced industrial and technological capabilities. The future combined platform will benefit from, a broader and complementary product portfolio, expanded global manufacturing and market presence, stronger customer solutions capabilities and increased operational scale and resilience. The combined entity will serve multiple high-growth sectors including automotive, construction, consumer products and industrial applications.
Focus on Innovation and Long-Term Growth
Lone Star stated that the integration of the two businesses will create a stronger and more resilient operating platform capable of accelerating innovation and supporting long-term business growth. The transaction is also expected to preserve critical industrial expertise and manufacturing capabilities across several regions while strengthening operational stability for employees and customers. Following completion, the integrated organisation will continue leveraging established industry brands including RadiciGroup, DOMO and TECHNYL. The company added that customers will continue to receive high levels of technical support, quality, reliability, and product innovation.
Jochen Fabritius Appointed CEO
As part of the leadership transition, Jochen Fabritius has been appointed Chief Executive Officer of the combined organisation. Fabritius brings more than 25 years of industry and consulting experience and has led several companies within Lone Star’s portfolio over the past decade.
Strategic Importance of the Deal
Donald Quintin, Chief Executive Officer of Lone Star Funds, said, “The transformational and highly complex transaction underscores Lone Star’s ability to execute differentiated, value-driven investments. Bringing together two leading and highly complementary businesses simultaneously creates a scaled platform with significant industrial and technological capabilities.”
He further added that the combined platform is expected to strengthen the company’s competitive position globally while providing the resources needed to drive innovation, support customers, and protect industrial know-how and employment. As reported by businesswire.com, the completion of the RadiciGroup acquisition marks the final stage of the transaction process originally announced in February 2025.