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Arclin Agrees To Buy DuPont’s Aramids Business
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Arclin Agrees To Buy DuPont’s Aramids Business
Arclin, Alpharetta, Ga., has entered a definitive agreement to acquire DuPont’s Aramids business, including the Kevlar® and Nomex® brands, for approximately $1.8 billion. The deal expands Arclin’s portfolio into aerospace, electrical infra-structure, electric vehicles, defense and personal protection, complementing its existing positions in construction, infrastructure and transportation. About 1,900 employees will transfer with the business. Th…
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