Lone Star acquires DOMO Engineered Materials, strengthening specialty polymers business with TECHNYL® brand and expanded global manufacturing capabilities.
DOMO Chemicals has announced a major strategic development for its Engineered Materials (EM) division, confirming that an affiliate of Lone Star Fund XII, L.P. has entered into an agreement to acquire the business. The move marks a significant transition for the company’s advanced materials operations and positions the business for long-term growth with the globally recognized TECHNYL® brand at the center of its future strategy.
The proposed acquisition covers the complete scope of DOMO’s Engineered Materials operations across several regions worldwide. Included in the transaction are three major European manufacturing facilities situated in Premnitz, Germany; Arco, Italy; and Gorzów, Poland. In addition, the agreement incorporates various support functions operating from Belgium, Germany, Spain, Poland, and India, ensuring continuity across the business’s international operational network.
The transaction also extends beyond Europe to include global commercial and operational entities located in Haiyan, China; Mumbai, India; Seoul, South Korea; and Buford in the United States. These sites play an important role in supporting customer relationships, technical services, and regional business development activities in key international markets.
Furthermore, the acquisition package includes the company’s sales and marketing operations in France together with its advanced application center in Lyon. This facility specializes in engineering materials science and supports product innovation, application development, and testing activities for customers operating across multiple industries. The agreement also includes masterbatch industrial operations along with related technical and administrative support functions, strengthening the integrated nature of the future business.
A particularly significant component of the transaction is the transfer of the intellectual property portfolio associated with the Engineered Materials division. Lone Star Funds will obtain ownership of the TECHNYL® brand, one of the most recognized names in the technical polymers industry. For more than seven decades, TECHNYL® has built a strong reputation for delivering advanced polyamide compounds, including PA6 and PA66 solutions, serving a wide range of demanding industrial applications worldwide.
The acquisition highlights Lone Star Funds’ growing strategic interest in specialty polymers and high-performance materials. The transaction follows Lone Star’s earlier acquisition of RadiciGroup’s High Performance Polymers and Specialty Chemicals businesses, demonstrating its commitment to expanding its presence in advanced materials markets. By combining these operations, Lone Star aims to create a stronger and more diversified platform capable of serving customers across automotive, construction, consumer goods, and industrial sectors.
The future combined organization is expected to benefit from a broader and more complementary product portfolio, enhanced technical expertise, and a wider international manufacturing footprint. These advantages are likely to improve supply chain flexibility, strengthen innovation capabilities, and support the development of sustainable and high-performance material solutions for global customers.
Leadership continuity will also remain an important aspect of the integration strategy. DOMO EM’s leadership team is expected to report to Jochen Fabritius, who has been appointed by Lone Star to lead the future organization. His role will focus on ensuring effective strategic oversight while maintaining operational stability and preserving the expertise and customer relationships developed within both businesses.
Notably, the Belle Étoile production assets are excluded from the transaction. These assets remain subject to a separate legal process that is currently being handled under the supervision of court-appointed administrators.
Overall, the acquisition represents a transformative step for DOMO’s Engineered Materials business. Supported by Lone Star Funds and anchored by the long-established TECHNYL® brand, the future organization is expected to strengthen its global market position, accelerate innovation, and expand its ability to deliver advanced polymer solutions to customers across multiple industries.
