Lone Star Funds, a prominent private equity firm, has announced a definitive agreement to acquire the Specialty Chemicals and High-Performance Polymers Business Areas of RadiciGroup, a globally recognized leader in the chemical sector. The transaction, which is subject to customary closing conditions and regulatory approvals, is expected to be finalized in the second half of 2025.

RadiciGroup has established itself as a dominant force in the polyamides (nylon) value chain. Under the terms of the agreement, Lone Star will acquire the Specialty Chemicals and High-Performance Polymers divisions, while the Radici family will retain ownership and control of the Advanced Textile Solutions Business Area.

Donald Quintin, Chief Executive Officer of Lone Star, expressed enthusiasm about the acquisition, stating, "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."

Angelo Radici and Maurizio Radici, President and Vice President of RadiciGroup, respectively, speaking also on behalf of the heirs of Paolo Radici, conveyed their pride in the company's growth and their confidence in Lone Star's stewardship. "We are very proud of the growth path achieved by RadiciGroup from its foundation until today. The agreement with Lone Star Funds marks the beginning of a new chapter in the global expansion of RadiciGroup’s Specialty Chemicals and High-Performance Polymers businesses which boast a strong mutual integration. In a constantly evolving market environment, Lone Star Funds’ experience in the chemical sector, combined with its strategic resources and global expertise/reach, will be key factors in supporting the further business growth, while ensuring continued excellence in serving customers. The Radici family will continue to drive the Advanced Textile Solutions Business Area focusing on innovation and sustainability."

RadiciGroup, with 3,000 employees and €1,069 million in sales in 2023, operates a global network of production units and sales offices. The company provides a wide range of chemical intermediates, polyamide polymers, high-performance engineering polymers, and advanced textile solutions, serving diverse industries worldwide. The company’s strategy is centered on innovation, quality, customer satisfaction, and adherence to ESG principles.