DuPont Completes Acquisition of Laird Performance Materials
DuPont has completed the acquisition of Laird Performance Materials, a producer of electromagnetic shielding and thermal management solutions.
“The addition of Laird Performance Materials significantly strengthens the DuPont Electronics & Industrial (E&I) segment and is another meaningful step in advancing our strategy to grow as a global innovation leader and premier multi-industrial company,” said Ed Breen, executive chairman and chief executive officer of DuPont. “I’m excited about the next chapter as we continue to drive growth in high-margin markets to create long-term value for shareholders.”
As previously announced, with 2020 revenues of $465 million and a global workforce of approximately 4,300 employees, Laird Performance Materials will be integrated into DuPont Electronics & Industrial’s Interconnect Solutions (ICS) business. Laird Performance Materials’ electromagnetic shielding and thermal management offerings complement ICS’ portfolio in flexible laminates, dry film photoresist, specialty films and plating chemistries.