DuPont has successfully completed its acquisition of Laird Performance Materials. 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. According to DuPont, Laird Performance Materials’ electromagnetic shielding and thermal management offerings complement ICS’ portfolio in flexible laminates, dry film photoresist, specialty films, and plating chemistries.
“I’m pleased to welcome our very talented Laird Performance Materials colleagues to DuPont,” said Ed Breen, executive chairman and CEO of DuPont. “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. I’m excited about the next chapter as we continue to drive growth in high margin markets to create long-term value for shareholders.”
According to Jon Kemp, president of DuPont E&I, “This acquisition positions DuPont as an essential partner for major electronics OEMs by combining applied materials science expertise together with application engineering capabilities. Together, the combined organization will advance our leadership in accelerating the adoption of high-performance computing, artificial intelligence, 5G telecommunications, smart/autonomous vehicles, and the internet of things. It also expands our product and solution portfolio across the electronics value chain and builds our expertise in key technologies critical to enabling the next generation of electronic devices and infrastructure.”
Learn more about DuPont at www.dupont.com.
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