Industry News

The Carlyle Group to Buy DuPont Performance Coatings Business for $4.9 Billion

Carlyle will purchase DPC for $4.9 billion in cash

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Carlyle Group and DuPont announced that they have signed a definitive agreement whereby Carlyle will purchase DuPont Performance Coatings (DPC) for $4.9 billion in cash. The transaction is expected to close in the first quarter 2013, subject to customary closing conditions and regulatory approvals. DPC is a global supplier of vehicle and industrial coating systems with 2012 expected sales of more than $4 billion and more than 11,000 employees. The investment will be funded with equity ...

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