February 24, 2025 14:31
RadiciGroup, the Italy-based industrial group, has announced a definitive agreement to sell its Specialty Chemicals and High Performance Polymers business units to a fund managed by Lone Star, a U.S. private equity firm.
The sale involves intermediates, polyamide, and engineering polymers, while the Advanced Textile Solutions segment will remain under the ownership of Radici’s current shareholders, including members of the founding family.
The transaction is expected to close in the second half of 2025, subject to customary antitrust approvals.
The group is expanding its North Carolina site to support growth in liquid colours and additives for thermoplastics and polyurethanes.
