DuPont Snaps Up Donatelle Plastics For $313 Million In Major Deal

In a July 31 earnings call, CEO Lori Koch highlighted that DuPont's acquisition of Donatelle and Spectrum Plastics Group—bought for $1.75 billion last year—will significantly enhance the company’s capabilities in the medical device sector. Koch explained that these acquisitions are poised to strengthen DuPont’s role as a leading partner in the rapidly expanding medical device market. Notably, Donatelle’s connections with major medical device OEMs set it apart from Spectrum.

Founded in 1967 and headquartered in New Brighton, Minnesota, Donatelle operates a single factory and employs over 400 people. Situated in the Minneapolis–Saint Paul area, known as Medical Alley, it’s close to key OEMs like Medtronic, Abbott, and Solventum, 3M’s healthcare spinoff. Donatelle’s location provides DuPont with opportunities to cross-sell related products, thanks to its expertise in machining, tooling, injection molding, liquid silicone rubber processing, and device assembly.

The acquisition is projected to contribute an additional $75 million in revenue for DuPont this year, according to SVP and CFO Antonella Franzen. Meanwhile, DuPont continues to advance its split into three distinct entities: materials science, electronics, and water filtration. Executive Chairman Ed Breen mentioned that the company is focusing on finalizing leadership and board appointments for the electronics and water filtration divisions, with updates expected next year.