Radici: Sells Specialty Chemicals and High Performance Polymers to Lone Star
Deal News | Feb 26, 2025 | Legal Community Italy
Radici Group, a chemical sector company based in Bergamo, has agreed to sell its Specialty Chemicals and High Performance Polymers divisions to Lone Star Funds, a Texas-based private equity firm. The deal, articulated late Sunday night, requires regulatory approval and is expected to close in the latter half of 2025. The transaction was advised by PedersoliGattai, legal consultants for the Radici family's holding company, covering M&A, tax, banking law, antitrust, regulatory, industrial, and intellectual property aspects with experts led by managing partner Bruno Gattai. Additionally, Studio Rondini assisted Radici with aspects related to taxation.
Sectors
- Chemicals
- Plastics
- Private Equity
Geography
- Italy – Radici Group, the seller, is based in Bergamo, Italy.
- United States – Lone Star Funds, the acquiring firm, is based in Texas, USA.
Industry
- Chemicals – The deal involves Radici's Specialty Chemicals division, highlighting active industry participation.
- Plastics – Radici's High Performance Polymers division sale is significant to this sector.
- Private Equity – Lone Star Funds, a private equity firm, is the buyer in this acquisition.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Radici Group | Target Company | Companies | A Bergamo-based company active in the chemical sector. |
| Lone Star Funds | Bidding Company | Companies | A Texas-based private equity firm acquiring Radici's business units. |
| PedersoliGattai | Legal Advisor | Companies | Provided multidisciplinary legal support to Radici for the transaction. |
| Rondini | Tax Advisor | Companies | Assisted Radici Group on tax-related aspects for the deal. |