DuPont Is in Talks to Sell Delrin Unit to Private Equity Firm for $1.8 Billion

08/21/2023 06:08
DuPont Is in Talks to Sell Delrin Unit to Private Equity Firm for $1.8 Billion

DuPont de Nemours Inc. is in advanced talks to sell its Delrin resins unit to the private equity firm, The Jordan Company, for around $1.8 billion, according to people with knowledge of the matter.

DuPont Is in Talks to Sell Delrin Unit to Private Equity Firm for $1.8 Billion

  • Transaction could value Dupont divested asset at $1.8 billion
  • Represents latest move by DuPont to refocus strategy via deals
Photographer: Mark Makela/Getty Images

DuPont de Nemours Inc. is in advanced talks to sell its Delrin resins unit to the private equity firm, The Jordan Company, for around $1.8 billion, according to people with knowledge of the matter.

The New York-based private equity firm could announce a deal for the chemical assets as soon as this week, the people said, asking not to be identified as the information is private.

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DuPont Is in Talks to Sell Delrin Unit to Private Equity Firm for $1.8 Billion

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