DuPont to Acquire Laird Performance Materials from Advent International

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Mar 08, 2021
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-- Strengthens DuPont's leadership position in advanced electronic materials for key markets including smart/autonomous vehicles, 5G telecommunications, artificial intelligence, internet of things, and high-performance computing

-- Adds critical capabilities and market leading offerings in thermal management and electromagnetic shielding essential to emerging electronic applications

-- Significantly accelerates the transformation of E&I's Interconnect Solutions business into a total solutions provider

-- Purchase price of $2.3 billion and forecasted cost synergies of $60 million yield transaction multiple of ~15x excluding synergies and ~11x including synergies

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