M&A Deal Summary

Hygiena Acquires DuPont - Food Safety Diagnostics Business

On December 14, 2016, Hygiena acquired life science company DuPont - Food Safety Diagnostics Business from DuPont

Acquisition Highlights
  • This is Hygiena’s 1st transaction in the Life Science sector.
  • This is Hygiena’s 1st transaction in the United States.
  • This is Hygiena’s 1st transaction in Delaware.

M&A Deal Summary

Date 2016-12-14
Target DuPont - Food Safety Diagnostics Business
Sector Life Science
Buyer(s) Hygiena
Sellers(s) DuPont
Deal Type Divestiture

Target

DuPont - Food Safety Diagnostics Business

Wilmington, Delaware, United States
DuPont - Food Safety Diagnostics Business is a provider of science based microbial detection and monitoring products that identify and characterize pathogens and other unwelcome organisms in food ingredients, finished products and production environments.

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Buyer(S) 1

Buyer

Hygiena

Camarillo, California, United States

Category Company
Founded 2000
Sector Life Science
DESCRIPTION

Hygiena LLC is a microbiology and life science company that serves industrial food processors, healthcare institutions, life science researchers and the general public. The Company manufactures and sells a broad range of rapid hygiene monitoring systems, environmental collection systems and rapid dilution devices. Its products are distributed in over 50 countries worldwide. Hygiena was formed in 2000 and is headquartered in the United States in Camarillo, California with a satellite office in the United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Divestiture) 1 of 1
State (Delaware) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1

Seller(S) 1

SELLER

DuPont

Wilmington, Delaware, United States

Category Company
Founded 1802
Sector Chemicals
Employees24,000
Revenue 12.1B USD (2023)
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 15 of 20
Sector (Life Science) 2 of 2
Type (Divestiture) 12 of 17
State (Delaware) 6 of 9
Country (United States) 14 of 18
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-01 Chemours

Wilmington, Delaware, United States

Chemours provides performance chemicals by operating three reporting segments: Titanium Technologies, Fluoroproducts, and Chemical Solutions. Chemours' Titanium Technologies segment is a global producer of titanium dioxide (TiO2), a premium white pigment used to deliver whiteness, brightness, opacity, and protection in a variety of applications. Chemours' Fluoroproducts segment is a global provider of fluoroproducts, such as refrigerants and industrial fluoropolymer resins. Its' Chemical Solutions segment is a North American provider of industrial and specialty chemicals used in gold production, oil refining, agriculture, industrial polymers, and other industries. Chemours was founded in 2014 and is based in Wilmington, Delaware.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-31 DuPont - Crop Protection Business

Wilmington, Delaware, United States

DuPont - Crop Protection Business includes an industry-leading selective insecticide portfolio consisting of Rynaxypyr®, Cyazypyr® and Indoxacarb. The first two of these products have full patent protection over their respective active ingredients, and FMC expects these products will generate over $1 billion in 2017 revenue.

Sell -