DuPont To Sell Kevlar, Nomex Business To TJC-Backed Arclin In $1.8 Billion Deal

Published : Aug 29, 2025, 05:00 PM IST
https://stocktwits.com/news-articles/markets/equity/dupont-to-sell-kevlar-nomex-business-to-tjc-backed-arclin-in-1-8-billion-deal/chtTW4hRdNI

Synopsis

The transaction is expected to close in early 2026 pending approvals, with DuPont receiving $1.2 billion in cash.

DuPont (DD) announced on Friday that it has agreed to sell its Aramids unit, which makes Kevlar and Nomex, to TJC (TJC)-backed Arclin in a $1.8 billion deal.

The transaction, backed by fully committed financing, is expected to close in the first quarter of 2026 pending regulatory approval. At closing, DuPont will receive approximately $1.2 billion in pre-tax cash proceeds, a $300 million note receivable, and a non-controlling equity stake in the new Arclin, valued at roughly $325 million, or 17.5%.

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