Lone Star Funds completed the acquisition of AOC from CVC Capital for €2.25bn.

Lone Star Funds completed the acquisition of AOC, a global producer of specialty resins, from CVC Capital, a private equity firm, for €2.25bn. "AOC's world class management team has positioned the company to accelerate its growth trajectory in a variety of end markets, applications, and geographies through operational excellence and continued product innovation. AOC aligns well with Lone Star's portfolio of specialty chemical and manufacturing businesses, which have adopted similar approaches to value-add product delivery. We look forward to the envisaged partnership with the AOC team as the company continues to execute its growth strategy," Donald Quintin, Lone Star Opportunity Funds President.