Industry > Industry monitor > Chemicals DuPont to acquire Laird Performance Materials for $2.3 billion 08 March 2021 Global chemicals and techno-materials major DuPont is acquiring Laird Performance Materials for $2.3 billion, in a deal that will add critical capabilities and market leading offerings in thermal management and electromagnetic shielding essential to emerging electronic applications. DuPont on Monday announced the signing of a definitive agreement with private equity firm Advent International, which owns Laird Performance Materials for $2.3 billion, which will be paid from existing cash balances. The transaction is expected to close in the third quarter of 2021, subject to regulatory approvals and other customary closing conditions, DuPont stated in a release.