RadiciGroup Sells Specialty Chemicals & Polymers to Lone Star Funds
Deal News | Feb 24, 2025 | Finance Community IT - 1 Corporate M&A
Lone Star Funds has announced a definitive agreement to acquire the Specialty Chemicals and High Performance Polymers divisions of RadiciGroup. A global leader in the chemical sector, RadiciGroup was founded in 1941 and is based in Bergamo, Italy. Mediobanca served as the financial advisor to RadiciGroup, with legal and tax advisement from PedersoliGattai and Studio Rondini, while Morgan Stanley advised Lone Star Funds. The deal highlights RadiciGroup's established reputation in innovation, quality, and client dedication, attributes that align with Lone Star's investment strategy in leading growth potential companies. Angelo and Maurizio Radici have expressed confidence in this new phase of global expansion for RadiciGroup's divested units, as the family retains control of the Advanced Textile Solutions division. Completion of the acquisition is scheduled for the second half of 2025, pending regulatory approvals.
Sectors
- Chemical Industry
- Private Equity
Geography
- Italy – RadiciGroup, the target company in the acquisition, is headquartered in Bergamo, Italy.
- United States – Lone Star Funds, the private equity firm conducting the acquisition, is based in the United States.
Industry
- Chemical Industry – The article involves companies engaged in chemical manufacturing, as Lone Star Funds acquires divisions from RadiciGroup, which is a recognized global leader in this sector.
- Private Equity – Lone Star Funds, a private equity firm, is making an acquisition, demonstrating typical PE activity.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Lone Star Funds | Bidding Company | Company | A private equity firm acquiring sections of RadiciGroup. |
| RadiciGroup | Target Company | Company | An Italian-based global leader in the chemical sector. |
| Mediobanca | Financial Advisor | Company | Advised RadiciGroup in the transaction. |
| PedersoliGattai | Legal Advisor | Company | Provided legal advisement to RadiciGroup for the deal. |
| Studio Rondini | Tax Advisor | Company | Assisted RadiciGroup with tax advising throughout the transaction. |
| Morgan Stanley | Financial Advisor | Company | Advised Lone Star Funds during the acquisition. |
| Angelo Radici | President of RadiciGroup | Person | Involved in the transaction announcement and continuity of remaining business. |
| Maurizio Radici | Vice President of RadiciGroup | Person | Collaborated in the announcement of the transaction and leads remaining operations. |