Lone Star to acquire materials business from DOMO Chemicals

DOMO Chemicals announced that an affiliate of Lone Star Funds agreed to acquire its Engineered Materials business, in a transaction that represents a relevant reshaping of its polymer portfolio. The transaction includes the full engineered materials division and forms part of Lone Star’s expansion in the specialty polymers sector.

The agreement covers three manufacturing sites in Europe, located in Premnitz, Germany; Arco, Italy; and Gorzów, Poland. It also includes support functions in Belgium, Germany, Spain, Poland, and India, as well as international operations in Haiyan, China; Mumbai, India; Seoul, South Korea; and Buford, United States.

In addition to the production assets, the transaction incorporates commercial and technical teams, including sales and marketing areas in France, the Lyon application center focused on engineered materials science, and development and testing capabilities for downstream applications. The acquisition also includes industrial masterbatch activities and related technical and administrative functions.

Lone Star also acquired the intellectual property portfolio of the DOMO EM business, including the TECHNYL brand, recognized for its PA6 and PA66 polyamide compound solutions for the technical polymers market for more than 70 years. The Belle Étoile production assets were excluded from the transaction and remain subject to a separate legal process under court-appointed administrators.

The acquisition follows Lone Star’s previous purchase of RadiciGroup’s High Performance Polymers and Specialty Chemicals businesses. The combined platform seeks to offer a broader and more complementary portfolio, greater geographic presence, and strengthened capabilities for markets such as automotive, construction, consumer goods, and industrial applications.