en.Wedoany.com Reported - Lone Star Funds has completed the acquisition of Domo Engineering Materials from Germany's Domo Group and the high-performance polymers and specialty chemicals business from Italy's Radici Group. The two businesses will be merged into an independent composite materials platform, continuing to offer Technyl-branded polyamide products.

Jochen Fabritius has been appointed CEO of the merged platform. He brings over 25 years of experience in the chemical and industrial goods sectors. Fabritius stated: "I would like to personally assure our customers, partners, and employees that continuity and stability are the core focus of our work. Customers will continue to work with the same team, the same group of experts, and the same Technyl solutions, within an organization clearly focused on long-term sustainable development and strong, trustworthy partnerships."

This merger integrates the resources of Domo and Radici in high-performance polymers such as polyamides, forming a composite materials platform with broader business coverage. Through this acquisition, Lone Star Funds has further expanded its investment portfolio in the engineering materials sector.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com