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

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%. 

DuPont’s stock edged 0.3% lower in pre-market trade. On Stocktwits, retail sentiment around the company continued to trend lower within ‘bearish’ territory. The sale comes as DuPont pursues a broader reorganization, including the planned spinoff of its electronics unit. 

“The transaction is structured to maximize value for our shareholders by providing significant cash proceeds at close which will be re-deployed to further drive value creation,” said DuPont CEO Lori Koch. The company stated that the divestiture will not affect the separation of its electronics business, Qnity, which remains on track for a spin-off on Nov. 1, 2025.

The Aramids unit, with about 1,900 employees and five manufacturing sites, generated $1.3 billion in net sales in 2024. “The addition of Kevlar and Nomex to the Arclin portfolio presents a unique opportunity to transform our business with increased scale, broader global reach, and market-leading application development capabilities,” said Arclin President and CEO Bradley Bolduc.

DuPont announced its second-quarter (Q2) earnings earlier this month. The company reported earnings of $1.12 per share, beating analysts’ estimates of $1.06, according to Stocktwits data. Its revenue came in at $3.36 billion, also beating Wall Street's forecast of $3.24 billion. 

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