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The deal in which Lone Star Funds acquired RadiciGroup's Specialty Chemicals and High Performance Polymers Business Areas has been officially closed. When the agreement was revealed in February 2025, it was anticipated to be valued roughly €1 billion, but sources were not permitted to reveal the final amount. RadiciGroup is a historic Bergamo-based chemicals company that employs 3,000 people and generates over €1 billion annually. It joins a lengthy list of Italian enterprises bought by foreign investors, which includes Golden Goose, Prima Assicurazioni, Saras, IMA, Bialetti, and TIM's landline network. The Radici family will, however, keep three firms within its network: the textile machinery division and the new company Raditex, which was founded at the beginning of the year and has received the family's textile assets. This event is part of a disturbing trend for Italian industry: more than a thousand Italian companies have been acquired by foreign institutional investors since 2021. An issue that has sparked a growing discussion about the country's ability to maintain control of its industrial superiority.
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