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Lone Star Acquires RadiciGroup's Specialty Chemicals and Polymers Division

24 February 2025
FinanzNachrichten.de
RadiciGroup, a family-owned company established in 1941 and based in Bergamo, Italy, is a prominent player in the global polyamides (nylon) value chain. The company serves various markets, including automotive, industrial, electrics/electronics, and consumer goods, with a strong presence in Europe, the Americas, and Asia.

Lone Star Funds has announced its intention to acquire RadiciGroup's Specialty Chemicals and High Performance Polymers Business Areas. Meanwhile, the Radici family will maintain control over the Advanced Textiles Solutions Business Area. Donald Quintin, CEO of Lone Star, emphasized that RadiciGroup's commitment to innovation and quality makes it a valuable addition to their portfolio. He noted that this acquisition aligns with Lone Star's strategy of investing in industry leaders with significant growth potential.

Angelo and Maurizio Radici, leaders of RadiciGroup, expressed pride in the company's growth and highlighted the partnership with Lone Star as a pivotal moment for expanding their Specialty Chemicals and High Performance Polymers sectors. They believe that Lone Star's expertise in the chemical industry will be instrumental in driving further growth while maintaining high standards of customer service. The Radici family will continue to focus on innovation and sustainability within the Advanced Textile Solutions sector.

The transaction is anticipated to close in the second half of 2025, pending regulatory approvals and customary closing conditions.

Lone Star is a leading private equity firm that has been active since 1995, managing 25 funds with total capital commitments of around $95 billion. The firm invests globally across various sectors, including corporate equity, credit, and real estate, on behalf of institutional investors, foundations, and endowments.

RadiciGroup employs approximately 3,000 people and reported sales of €1,069 million in 2023. The company operates through three main business areas: Specialty Chemicals, High Performance Polymers, and Advanced Textile Solutions, providing materials for diverse industries such as automotive, electronics, consumer goods, and construction. RadiciGroup prioritizes innovation, quality, and customer satisfaction while adhering to ESG principles.
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