𝐃𝐎𝐌𝐎 𝐄𝐧𝐠𝐢𝐧𝐞𝐞𝐫𝐞𝐝 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥𝐬 & 𝐑𝐚𝐝𝐢𝐜𝐢𝐆𝐫𝐨𝐮𝐩 𝐭𝐨 𝐣𝐨𝐢𝐧 𝐟𝐨𝐫𝐜𝐞𝐬 𝐭𝐨 𝐟𝐨𝐫𝐦 𝐚 𝐠𝐥𝐨𝐛𝐚𝐥, 𝐢𝐧𝐝𝐞𝐩𝐞𝐧𝐝𝐞𝐧𝐭 𝐭𝐢𝐞𝐫-𝟏 𝐜𝐨𝐦𝐩𝐨𝐮𝐧𝐝𝐞𝐫

DOMO confirms the successful completion of the transaction involving its Engineered Materials division, following the signing of binding agreements with an affiliate of Lone Star Funds in April.

This closing marks the final step of the transaction process and paves the way for the full integration of #DOMO Engineered Materials into the new global platform created by Lone Star through the simultaneous acquisition of RadiciGroup’s High Performance Polymers and #SpecialtyChemicals businesses and DOMO Engineered Materials. 


A Stronger Industrial Platform for the Future

The combined platform will serve a diversified range of end markets, including automotive, electrical and electronics, construction, consumer, and industrial applications. It will benefit from increased scale, enhanced resilience, and expanded resources to accelerate innovation and sustainability.


By joining forces, DOMO’s Engineered Materials & #RadiciGroup will continue to build on their established technical expertise, industrial know-how, and customer relationships, while contributing to a stronger global platform designed for long-term competitiveness.


Continuity of Brands, Expertise, and Customer Commitment

Following completion, the new organization will continue to offer the well-established TECHNYL® brand, ensuring continuity for customers and partners worldwide.

As part of the new organization, Jochen Fabritius has been appointed Chief Executive Officer of the combined platform. He brings more than 25 years of chemicals & industrial goods industry experience.


“I want to personally reassure our customers, partners, and employees that continuity and stability are at the very heart of our priorities. Customers will continue to work with the same teams, the same experts, and the same #TECHNYL® solutions, within an organization clearly focused on long-term sustainability and strong, trusted partnerships,” said Jochen Fabritius.


source : Domo Chemicals

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