Lone Star Completes Acquisition of Lanxess High-Performance Polymers and Specialty Chemicals Business
April 30, 2026 – Dallas, New York, London, Tokyo, Milan, and Bergamo – Lone Star Funds ("Lone Star") announced that its affiliated funds have completed the acquisition of the High Performance Polymers and Specialty Chemicals business segments of the Radici Group. Concurrently, Lone Star has signed a binding agreement to acquire the Engineering Materials business of DOMO (the "DOMO EM"), with closing expected to occur shortly.
These two transactions, which are being advanced concurrently and have a complex structure, will integrate two established business platforms to form a global, independent, top-tier modified materials company.
The merged new platform will have:
A broad and complementary product portfolio;
Stronger global presence
Capability to serve diverse end-market segments (automotive, building, consumer goods, industrial applications, etc.).
Lone Star stated that through this integration, it will create a stronger and more resilient platform, leveraging greater resources to accelerate innovation, enhance customer solutions, and support long-term growth. The transaction will also safeguard critical industrial capabilities across multiple regions, enabling teams to continue advancing on a more competitive platform. Following the completion of the transaction, the combined business will continue to operate based onLANXESS Group, DOMO, and TECHNYL®mature brands, maintaining commitments to quality, reliability, and technological innovation.
As part of the transaction, Jochen Fabritius has been appointed Chief Executive Officer of the combined organization. Mr. Fabritius brings over 25 years of industry and consulting experience and has led multiple companies within Lone Star Funds’ portfolio over the past decade.
Lone Star CEO Donald Quintin said:
“This transformative transaction demonstrates Lone Star’s ability to execute differentiated, value-driven investments. By integrating two leading and highly complementary businesses, it will create a scaled platform with robust industrial and technological capabilities. We believe this merger will not only strengthen the company’s global competitive positioning but also provide greater assurance for innovation, customer support, technology, and job stability.”
The closure of the acquisition of related businesses of Landic Group marks the completion of this process announced in February 2025.Successfully completed。
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