February 27, 2025 – Lone Star Fund XII, L.P., an affiliate of the US private equity giant Lone Star, has officially signed a definitive agreement to acquire the Specialty Chemicals and High-Performance Polymers business segment of Italy’s RadiciGroup. Since its establishment in 1941, RadiciGroup has grown from its headquarters in Bergamo, Italy, to become a leader in the global polyamide (nylon) value chain.
With its flexible business model and highly specialized technical expertise, RadiciGroup has earned the trust of numerous customers in Europe, the Americas, and Asia, serving a wide range of markets including automotive, industrial, electrical/electronics, and consumer goods. In this transaction, Lone Star will take over RadiciGroup’s Specialty Chemicals and High-Performance Polymers business, while the Radici family will retain control of its Premium Textile Solutions business.
Donald Quintin, CEO of Lone Star, expressed his enthusiasm for the acquisition, stating, “RadiciGroup’s excellence in innovation, quality, and customer commitment makes it an ideal fit for Lone Star’s portfolio. This acquisition aligns perfectly with our strategy of investing in industry leaders and driving their robust growth. We look forward to partnering with the RadiciGroup team to enhance our competitiveness, drive operational excellence, and unlock new growth opportunities for the business.”
Angelo Radici, President of RadiciGroup, also shared his thoughts, saying, “We are proud of the growth RadiciGroup has achieved since its inception. This agreement with Lone Star marks the beginning of a new chapter of global expansion for our Specialty Chemicals and High-Performance Polymers business. In today’s rapidly changing market landscape, Lone Star’s extensive experience in the chemicals sector, strategic resources, and global influence will be crucial drivers of our business’s further growth, while ensuring we continue to provide exceptional service to our customers. We will remain committed to the innovative development of our Premium Textile Solutions business and focus on sustainable development.”
The transaction is expected to be completed in the second half of 2025, subject to customary closing conditions and regulatory approvals.