Business
DuPont Announces Agreement to Divest Aramids Business to Arclin
DuPont (NYSE: DD) today announced that Arclin, a portfolio company of an affiliate of TJC, L.P. (TJC), has reached a definitive agreement to acquire DuPont's Aramids business (Kevlar® and Nomex®) in a transaction valuing the business at approximately $1.8 billion.
About this update from Dupont De Nemours, Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"Transaction structure maximizes shareholder value, enables participation in future upside potential of combined new entity","length":122,"tagName":"p"}]},{"val":[{"type":"text","content":"Divestiture further streamlines the new DuPont portfolio and improves its financial profile","length":91,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":213,"olType":false},{"type":"text","content":"WILMINGTON, Del., Aug. 29, 2025 /PRNewswire/ -- DuPont (NYSE: DD) today announced that Arclin, a portfolio company of an affiliate of TJC, L.P. (TJC), has reached a definitive agreement to acquire DuPont's Aramids business (Kevlar® and Nomex®) in a transaction valuing the business at approximately $1.8 billion.","length":316,"tagName":"p"},{"type":"image","alt":"DuPont Logo (PRNewsfoto/DuPont)","displaySize":"","headline":null,"caption":"DuPont Logo (PRNewsfoto/DuPont)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":116,"url":"https://media.zenfs.com/en/prnewswire.com/2afc4d09101aeb9068e83f4cbae39368"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/zbYf18RI2ZQcA3.f03pEoA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIwNDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/2afc4d09101aeb9068e83f4cbae39368","width":400,"height":116}},"href":"https://mma.prnewswire.com/media/1167395/dupont_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Arclin has received fully committed financing in connection with the transaction, which is expected to close in the first quarter of 2026, subject to customary closing conditions and regulatory approval.","length":203,"tagName":"p"},{"type":"text","content":"At close, DuPont will receive pre-tax cash proceeds of approximately $1.2 billion, subject to customary transaction adjustments, a note receivable of $300 million, and a non-controlling common equity interest in the future Arclin company currently valued at $325 million, which is expected to represent an approximate 17.5% stake at the time of close.","length":351,"tagName":"p"},{"type":"text","content":""Today's announcement is another important step in our continued optimization of the new DuPont portfolio," said Lori Koch, DuPont Chief Executive Officer. "The Aramids transaction further enhances the strategic focus of our portfolio, ...