Private equity consortium to acquire DuPont Clean Technologies

摘要

A consortium of private equity firms, including BroadPeak Global, Asia Green Fund, and Saudi Arabia’s Dussur, says it has agreed to acquire DuPont’s Clean Technologies business for $510 million. DuPont Clean Technologies is a maker of fuel and pollution control catalysts, with a focus on sulfur removal applications for transportation and industry. The deal is expected to close in the second quarter of this year. “DuPont Clean Technologies is a leader in the sulfuric acid, alkylation, and scrubbing sectors, with world-class products and aftermarket services,” says Nadim Qureshi, co-founder and managing partner at BroadPeak Global. “We intend to build on this strong foundation and further expand the business with the support of management and our strategic partners.”