Plotted by close date where disclosed, otherwise announcement. Select any marker to jump to the deal entry.
Three patterns show up across DuPont de Nemours's deal book — what the team buys, how it pays, and how it integrates. The patterns are the throughline; the deals below are the evidence.
3 acquisitions. Each entry carries the deal value, financing structure, target revenue, executive commentary, and the original SEC filing — the evidence behind the patterns above.
Acquired from Advent International, Laird Performance Materials is a world leader in high-performance electromagnetic shielding and thermal management solutions, with 11 manufacturing sites across North America, Europe and Asia and approximately $465 million of 2020 revenue. DuPont integrated Laird PM into the Interconnect Solutions business within the Electronics & Industrial segment to strengthen its position in advanced electronics applications. The FY21 10-K records net assets (consideration for Laird PM) of $2,404 million. $2,404 million net consideration (announced at approximately $2.3 billion).
The acquisition of Laird Performance Materials is a significant step in advancing DuPont's strategy to grow as a global innovation leader and premier multi-industrial company.Ed Breen — Executive Chairman and CEO, DuPont
Laird Performance Materials is an outstanding business. DuPont will be an excellent partner for Laird Performance Materials.Shonnel Malani — Managing Director, Advent International
Acquired from private-equity owner AEA Investors, Spectrum Plastics Group is a leading manufacturer of critical components and devices primarily for medical end-markets requiring highly complex, mission-critical applications. Spectrum manufactures flexible packaging products, plastic and silicone extrusions, and components for the industrial, food and medical business sectors across the United States and international markets. It became part of Industrial Solutions within the Electronics & Industrial segment. The FY24 10-K records a net purchase price of approximately $1,781 million, including a net upward adjustment of approximately $43 million for acquired cash and net working capital. Approximately $1.75 billion (net purchase price of approximately $1,781 million per FY24 10-K).
Today we also announced a definitive agreement to acquire Spectrum Plastics Group, a leading manufacturer of critical components and devices primarily into medical end-markets for highly complex, mission critical applications. This intended acquisition adds to DuPont's industrial technologies growth pillar and strengthens our existing position in stable and fast-growing healthcare end-markets.Ed Breen — Executive Chairman and CEO, DuPont
Donatelle Plastics, LLC is a medical-device company specializing in the design, development and manufacture of medical components and devices, headquartered in New Brighton, Minnesota. DuPont integrated it into Industrial Solutions within the Electronics & Industrial segment, alongside its existing healthcare offerings including Spectrum and Liveo. The FY24 10-K records a net purchase price of $365 million, which includes the estimated fair value of a $40 million contingent earn-out liability. $365 million net purchase price (including a contingent earn-out liability with an estimated fair value of $40 million).
Donatelle Plastics Incorporated will be the second acquisition that will deepen our expertise in the medical device market segments.Jon Kemp — President, DuPont Electronics & Industrial
We're excited for this next chapter in Donatelle's journey and for our team to join DuPont.Treasa Springett — President, Donatelle Plastics