M&A Deal Summary

DuPont Acquires Laird Performance Materials

On March 8, 2021, DuPont acquired electrical equipment company Laird Performance Materials from Laird Thermal Systems for 2.3B USD

Acquisition Highlights
  • This is DuPont’s 1st transaction in the Electrical Equipment sector.
  • This is DuPont’s 5th largest (disclosed) transaction.
  • This is DuPont’s 1st transaction in China.

M&A Deal Summary
Date 2021-03-08
Target Laird Performance Materials
Sector Electrical Equipment
Buyer(s) DuPont
Sellers(s) Laird Thermal Systems
Deal Type Divestiture
Deal Value 2.3B USD

Target

Laird Performance Materials

Shanghai Shi, China
website
Laird Performance Materials designs and manufactures customized performance-critical components and systems for advanced electronics and wireless products. Laird Performance Materials is based in Shanghai Shi, China.

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Buyer(S) 1

Buyer

DuPont

Wilmington, Delaware, United States

website

Category Company
Founded 1802
Sector Chemicals
Employees23,000
Revenue 13.0B USD (2022)
DESCRIPTION
Entrance to DuPont's corporate headquarters in Wilmington, Delaware.
Entrance to DuPont's corporate headquarters in Wilmington, Delaware.

DuPont is a global chemicals provider and is involved across a range of disciplines, including agriculture and industrial biotechnology, chemistry, biology, materials science and manufacturing. DuPont operates globally and offers a wide range of innovative products and services for markets including agriculture and food, building and construction, electronics and communications, general industrial, and transportation. DuPont is based in Wilmington, Delaware.

DEAL STATS #
Overall 17 of 19
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 4 of 4
Country (China) 1 of 1
Year (2021) 1 of 2
Size (of disclosed) 5 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-15 DuPont Nutrition & Biosciences

Copenhagen, Denmark

DuPont Nutrition & Biosciences provides expert science to advance market-driven, healthy and sustainable solutions for the food, beverage, dietary supplement and pharmaceutical industries.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-02 Rogers

Chandler, Arizona, United States

Rogers develops and manufactures high performance specialty materials focusing on the wireless communications and computer markets. Rogers was founded in 1832 and is based in Chandler, Arizona.

Buy $5.2B

Seller(S) 1

SELLER

Laird Thermal Systems

Rosenheim, Germany

website

Category Company
Sector Manufacturing
Revenue 630M GBP (2015)
DESCRIPTION

Laird Thermal Systems designs and manufactures high-performance, mission-critical active thermal management solutions, primarily for medical and life sciences end markets. Laird Thermal Systems is based in Rosenheim, Germany.

DEAL STATS #
Overall 4 of 4
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 4 of 4
Country (China) 2 of 2
Year (2021) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-28 Laird - Connected Vehicle Solutions Business

London, United Kingdom

Laird plc - Connected Vehicle Solutions(CVS) Business is a provider of end-to-end connectivity technology for the automotive industry, including antennae, smart device interfaces, and telematic control units to auto manufacturers in the U.S., Germany and Asia.

Sell -
Mergr

Product

Company

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