May 12, 2026 15:08

Lone Star Funds has completed the acquisition of DOMO Engineered Materials from financially troubled Belgian group DOMO and plans to combine it with RadiciGroup’s High Performance Polymers and Specialty Chemicals activities, acquired in recent days (see article).

The transaction creates a new industrial player in compounds based on polyamides and other engineering polymers. It will be led by Jochen Fabritius (pictured), a manager with more than 25 years’ experience who joins from Lone Star and has been appointed chief executive officer.

“I would like to personally reassure our customers, partners and employees of RadiciGroup and DOMO Engineered Materials that continuity and stability are at the heart of our priorities,” Fabritius commented when the completion of the transaction was announced. “Customers will continue to work with the same teams, the same experts and the same reliable solutions they rely on today, within an organisation clearly focused on long-term sustainability and strong, lasting partnerships.”