$1.75 billion! DuPont Acquires Spectrum Plastics Group

DuPont announced on May 4 that it has reached a definitive agreement with AEA Investors to acquire Spectrum for US$1.75 billion Plastics Group. The transaction is expected to close by the end of the third quarter of 2023. Spectrum provides materials and technologies for specialty medical devices and components, including extruded medical tubing, catheter technology, medical balloons, flexible packaging and films. Rapidly growing key therapeutic areas…