DuPont to separate into three publicly traded companies
DuPont announced a plan to separate into three distinct, publicly traded companies. Under the plan, DuPont would execute the proposed separations of its Electronics and Water businesses, with New DuPont continuing as a premier diversified industrial company.
DuPont plans to separate into three distinct, publicly traded companies.
“Critically, each company will have greater flexibility to pursue their own focused growth strategies, including portfolio enhancing M&A.” said Ed Breen, DuPont Executive Chairman and Chief Executive Officer.
New Dupont as diversified industrial company
New DuPont will be a premier diversified industrial company powered by deep materials science and application engineering expertise, industry-leading innovation, top-tier manufacturing capabilities, and iconic brands.
It will provide applications for biopharma consumables, medical devices, and medical packaging in the healthcare end-markets.
Electronics with semiconductor and advanced electronics products
Electronics will be a global provider of differentiated electronics materials including key consumables used in semiconductor chip manufacturing, as well as advanced electronic materials enabling reliable signal integrity, power management and thermal management.
The company will be comprised of the existing Semiconductor Technologies and Interconnect Solutions lines of business, as well as the electronics-related product lines from Industrial Solutions.
Water with leading filtration technologies
Water will be comprised of DuPont’s current Water Solutions line of business. It will have a comprehensive portfolio of water filtration and purification solutions with leading technologies in reverse osmosis, ion exchange and ultrafiltration.
Its solutions provide critical components and systems that generate clean and fit-for-purpose water across a variety of market segments including industrial water and energy, life sciences and specialties, municipal and desalination, and residential and commercial.
