DuPont de Nemours, Inc. (NYSE:DD) announced on June 25 that it will acquire Donatelle Plastics, a well-established medtech contract manufacturer based in New Brighton, MN. No terms were announced. The transaction is expected to close later this year.
Though Dupont has long supplied branded materials such as Tyvek™ to the medtech industry, the purchase of Donatelle reinforces their expansion into medtech contract manufacturing. Last year DuPont acquired Spectrum Plastics Group, supplementing their contract manufacturing work with Liveo™ silicone products, originally a Dow Corning product line.
DuPont’s strategy of building out contract manufacturing to complement its global position in specialty materials bears watching.
For more information please visit:
https://www.dupont.com/news/dupont-to-acquire-donatelle-plastics-incorporated.html
Please contact tfreeman@asfreeman.com with questions and comments.
A. S. Freeman Advisors was not involved in this transaction. We are reporting the deal as a point of interest to our clients and colleagues.
