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Benzinga
Benzinga
Business
Akanksha Bakshi

DuPont Divests Aramids Business In $1.8 Billion Deal To Sharpen Portfolio

DuPont DD NYSE Sundry Photography
DuPont-Photo by Sundry Photography via Shutterstock

DuPont de Nemours, Inc. (NYSE:DD) said Friday it agreed to sell its Aramids business, including the Kevlar and Nomex brands, to Arclin, a portfolio company of TJC, L.P., in a deal valued at about $1.8 billion. The transaction is expected to close in the first quarter of 2026, pending regulatory approvals.

At closing, DuPont will receive about $1.2 billion in cash before taxes, a $300 million note, and a 17.5% equity stake in the future Arclin business.

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