An affiliate of Lone Star Fund XII, L.P. acquired part of DOMO’s Engineered Materials division, including its intellectual property portfolio and the TECHNYL® brand. In Belgium, the transaction was implemented as a distressed carve-out following bankruptcy proceedings, using a silent pre-pack structure.
Our team advised on, inter alia, transaction structuring, restructuring, employment, intellectual property and insolvency matters.
The closing of the acquisition marks the final step in the process and enables the integration of the business into a newly formed global platform created by Lone Star, alongside the simultaneous acquisition of RadiciGroup’s High Performance Polymers and Specialty Chemicals businesses.
The combined platform brings together complementary product portfolios, industrial know-how and geographic reach to serve end markets including automotive, electrical and electronics, construction, consumer and industrial applications.
