DuPont Acquires Spectrum Plastics, Adding $500M Revenue - Modern Distribution Management

Log In

DuPont Acquires Spectrum Plastics, Adding $500M Revenue

DuPont announced the acquisition during its 2023 second-quarter earnings call on Aug. 2.
logos (13)

On Aug. 2, Wilmington, Delaware-based global chemical company DuPont announced that it has completed its previously announced acquisition of Spectrum Plastics Group.

In May, DuPont announced it would acquire Spectrum Plastics Group from AEA Investors for $1.75 billion.

“I am pleased to welcome our talented Spectrum colleagues to DuPont,” said Ed Breen, DuPont Executive Chairman and CEO. “We are excited to add Spectrum’s best-in-class advanced manufacturing capabilities, and decades-long customer relationships with the largest medical device OEMs to our existing healthcare portfolio. This acquisition fully aligns with our strategic objectives and is expected to increase overall top-line growth rates for DuPont through a broader and more integrated set of offerings for critical healthcare applications led by customer-driven innovation.”

Based in Alpharetta, Georgia, Spectrum focuses on areas of medical technology including electrophysiology, surgical robotics, structural heart and cardiovascular.

The purchase price is expected to be paid from DuPont’s existing cash balances. DuPont announced the completed acquisition during its 2023 second-quarter earnings call.

For 2Q 2023, the company reported that net sales were approximately $3.1 billion, a 7% drop compared to the same quarter last year. Organic sales declined 4% during the quarter.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.