DuPont to Acquire MaxLife Industries’ ArmorWall Business
DuPont announced it has signed an agreement to acquire MaxLife Industries’ ArmorWall Business. The transaction, which is expected to close in the fourth quarter 2021, subject to customary closing conditions, includes the ArmorWall brand, patented technology, and a manufacturing facility in Salisbury, North Carolina. Financial terms of the agreement were not disclosed.
“This acquisition perfectly aligns with our strategy to enable our customers to meet their current and future design and productivity challenges by providing a robust portfolio of sustainable, resilient and energy efficient building solutions and technologies,” said Tim Lacey, global vice president & general manager, DuPont Performance Building Solutions and Corian® Design. “With the addition of the ArmorWall business, we look forward to using our building science and advocacy expertise to achieve meaningful progress on building codes, product adoption and expansion in the industry.”