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Dupont To Acquire Spectrum Plastics Group From Aea Investors

May 02, 2023•over 2 years ago

Acquiring Company

DuPont

Acquired Company

Spectrum Plastics Group

WilmingtonManufacturing

Description

DuPont (NYSE: DD) today announced that it has entered into a definitive agreement to acquire Spectrum Plastics Group ("Spectrum") from AEA Investors. The purchase price will be paid from existing cash balances. The transaction is expected to close by the end of the third quarter of 2023, subject to regulatory approvals and other customary closing conditions.

Company Information

Company

DuPont

Location

Wilmington, Delaware, United States

About

It's a time of incredible progress at DuPont - a time of momentum. It's the time for change makers, for the doers and pioneers, to create essential innovations the world needs. We aren’t just creating a better future, we’re working together to invent a better now. So bring your best self and join us in uncovering insights that will transform the world.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed