DuPont expanding healthcare portfolio with Donatelle acquisition

Wilmington, Delaware – DuPont is expanding its healthcare portfolio with an agreement to acquire Donatelle Plastics Inc. a New Brighton, Minnesota-based manufacturer of medical devices.

The transaction, details of which were not disclosed, is set to be completed in the third quarter of the year, subject to customary closing approvals, DuPont said 25 June.

DuPont's healthcare businesses include Spectrum, a supplier of medical device components, and Liveo, a manufacturer of silicone solutions for healthcare applications.

The acquisition will bring complementary technologies and capabilities including in medical device injection moulding, liquid silicone rubber processing, machining and tool building.

According to DuPont, Donatelle has “a strong financial growth profile aligned to attractive therapeutic areas.”

These include electrophysiology, drug delivery, diagnostics, cardiac rhythm management, neurostimulation, and orthopedic extremities.

"Our healthcare strategy is focused on offering a comprehensive suite of solutions for customers in high-growth therapeutic areas," said Jon Kemp, president, DuPont electronics & industrial (E&I).

Donatelle, Kemp added, will “deepen” the group’s expertise in the medical device market segments and “enhance our position as a partner of choice for our customers."

Founded in 1967, Donatelle has a workforce of more than 400 employees and operates a facility in a medical technologies hub near “leading original equipment manufacturers.”