Lone Star Funds Completes Acquisition of DOMO Engineered Materials
Creates a platform investment for Lone Star Funds around DOMO Engineered Materials and its operating business.
Lone Star Funds acquired DOMO Engineered Materials.
DOMO Engineered Materials becomes a platform investment for Lone Star Funds, giving the sponsor another company in its portfolio.
Lone Star Funds acquired DOMO Engineered Materials, a global producer of polyamide-based engineered materials sold under the TECHNYL brand, serving automotive, construction, consumer and industrial end markets.
The acquisition was completed simultaneously with Lone Star’s acquisition of RadiciGroup’s high-performance polymers and specialty chemicals businesses, forming a combined global tier-1 compounder with complementary product lines and expanded geographic reach.