“更精专的跨行业公司”
5月4日，杜邦公司宣布，已与安盈投资（AEA Investors）达成终协议，收购Spectrum 塑料集团，购买价格将从现有现金余额中支付，该交易预计将于2023年第三季度末完成。
据悉，Spectrum是特种医疗设备和组件先进制造领域公认的，为26家医疗设备OEM厂商中的22家提供服务。结构性心脏病、电生理学、手术机器人和心血管等快速增长的关键治疗领域是Spectrum的战略重点。
杜邦公司透露，此次收购价格为17.5亿美元，税后净购买价格为17.2亿美元，需经过常规交易调整。杜邦预计该交易将立即增加其调整后的每股收益，并在第五年实现高个位数的投资回报率。杜邦认为，收购Spectrum塑料集团，将有助于公司进一步扩大在塑料行业的市场份额。而收购完成后，杜邦合并收入的约10%也将来自医疗健康业务。
本次收购为杜邦公司近年加速优化产业链条、聚焦新兴战略领域的一个缩影。
公开资料显示，杜邦成立于1802年，初期主营火药，到20世纪转型生产化工和纺织产品，之后提供以科技为基础的材料、原料和解决方案，主要聚焦电子、交通、建筑、水处理、健康保健和工作防护等关键市场。
近年来，杜邦公司持续推动业务组合转型。例如，2022年2月，杜邦公司宣布与塞拉尼斯公司达成协议，将交通和材料部门大部分业务剥离给塞拉尼斯；2022年6月，华峰集团收购杜邦旗下剥离出的生物基产品相关业务及技术正式完成交割，交易对价约2.4亿美元。
More specialised cross industry companies
On May 4th, DuPont announced that it had reached a final agreement with AEA Investors to acquire Spectrum Plastics Group, with the purchase price to be paid from the existing cash balance. The transaction is expected to be completed by the end of the third quarter of 2023.
It is reported that Spectrum is a recognized leader in the advanced manufacturing of special medical equipment and components, providing services to 22 of the top 26 medical equipment OEM manufacturers. The rapidly growing key treatment areas of structural heart disease, electrophysiology, surgical robots, and cardiovascular disease are strategic priorities of Spectrum.
DuPont revealed that the acquisition price is $1.75 billion, with a net purchase price after tax of $1.72 billion, which needs to be adjusted through regular transactions. DuPont expects the transaction to immediately increase its adjusted earnings per share and achieve a high single digit return on investment in the fifth year. DuPont believes that acquiring Spectrum Plastics Group will help the company further expand its market share in the plastic industry. After the acquisition is completed, about 10% of DuPont's merged revenue will also come from the healthcare business.
This acquisition is a microcosm of DuPont's accelerated optimization of its industrial chain and focus on emerging strategic areas in recent years.
According to public sources, DuPont was founded in 1802 and initially focused on gunpowder. In the 20th century, it transformed into producing chemical and textile products. Later, it provided technology-based materials, raw materials, and solutions, mainly focusing on key markets such as electronics, transportation, construction, water treatment, health care, and job protection.
In recent years, DuPont has continued to promote the transformation of its business portfolio. For example, in February 2022, DuPont announced an agreement with Celanese to divest most of its transportation and materials departments from Celanese; In June 2022, Huafeng Group officially completed the delivery of its bio based product related business and technology acquired from DuPont, with a transaction consideration of approximately $240 million.
