Announced

Lone Star to acquire a specialty chemicals and high performance polymers business from Radici Group.

Synopsis

Lone Star, a private equity firm, agreed to acquire a specialty chemicals and high performance polymers business from Radici Group, a chemicals manufacturer. Financial terms were not disclosed. “RadiciGroup has a proven track record of innovation, quality and customer commitment, making it a natural addition to Lone Star’s portfolio. This carve-out acquisition is highly complementary to Lone Star’s portfolio of specialty chemicals and manufacturing businesses and aligns well with our strategy of investing in industry leaders with strong growth potential. We are excited to partner with the RadiciGroup team to strengthen competitive positioning, drive operational excellence and unlock new growth opportunities for the business,” Donald Quintin, Lone Star CEO.

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