- Lone Star Funds completed acquisition of DOMO Engineered Materials and simultaneously acquired RadiciGroup's High Performance Polymers & Specialty Chemicals to create a global compounding platform.
- Binding agreements were signed in April and the transaction has now closed.
- Jochen Fabritius has been appointed CEO of the combined platform.
- The TECHNYL brand and existing teams will be retained while the platform targets automotive, electrical/electronics, construction, consumer and industrial markets.
Transaction closed
Lone Star Funds completed the acquisition of DOMO Engineered Materials after binding agreements signed in April and simultaneously acquired RadiciGroup’s High Performance Polymers and Specialty Chemicals businesses, enabling full integration into a single global compounding platform.
Platform scope
The combined organization will serve automotive, electrical and electronics, construction, consumer and industrial end markets and will bring broader geographic reach, a strengthened product portfolio and enhanced technical capabilities.
Brand and continuity
The TECHNYL® brand and existing customer teams will be retained to ensure continuity for customers and partners.
Leadership
Jochen Fabritius has been appointed CEO of the combined platform and brings more than 25 years of chemicals and industrial goods industry experience.
