Acquired from Advent International, Laird Performance Materials is a world leader in high-performance electromagnetic shielding and thermal management solutions, with 11 manufacturing sites across North America, Europe and Asia and approximately $465 million of 2020 revenue. DuPont integrated Laird PM into the Interconnect Solutions business within the Electronics & Industrial segment to strengthen its position in advanced electronics applications. The FY21 10-K records net assets (consideration for Laird PM) of $2,404 million.
- 01 Adds high-margin electromagnetic-shielding and thermal-management content directly into DuPont's electronics-materials platform
- 02 with exposure to secular growth in 5G
- 03 advanced electronics and electrification
The acquisition of Laird Performance Materials is a significant step in advancing DuPont's strategy to grow as a global innovation leader and premier multi-industrial company.
Laird Performance Materials is an outstanding business. DuPont will be an excellent partner for Laird Performance Materials.