CHEManager International’s Post

DuPont to Acquire Donatelle Plastics: Transaction Deepens #Healthcare Offerings in Medical Device Solutions #DuPont has signed an agreement to acquire US #medical device contract manufacturer Donatelle Plastics. The transaction is expected to close in the third quarter 2024, subject to satisfaction of customary closing conditions and receipt of regulatory approvals. Financial details of the deal were not disclosed. "Our healthcare strategy is focused on offering a comprehensive suite of solutions for customers in high-growth #therapeutic areas," said Jon Kemp, president of DuPont Electronics & Industrial (E&I). "Donatelle Plastics, Inc. will be the second #acquisition, following Spectrum last year, that will deepen our expertise in the medical device market segments and enhance our position as a partner of choice for our customers.” DuPont’s healthcare exposure within the Industrial Solutions line of business of the E&I segment includes Spectrum, a producer of specialty plastics for medical device components, and Liveo Research, a provider of silicone solutions for healthcare applications. The acquisition of Donatelle Plastics will bring complementary advanced technologies and capabilities including medical device injection molding, liquid #silicone rubber processing, precision machining, device assembly, and tool building. Read more on #CMI online: https://lnkd.in/eEyumgKi

To view or add a comment, sign in

Explore topics