October 21, 2021 – DuPont reports it has signed an agreement to acquire MaxLife Industries’ ArmorWall business. Expected to close this quarter, and subject to customary closing conditions, the deal includes the ArmorWall brand, patented technology, and a manufacturing facility in Salisbury, N.C.
Financial terms of the agreement were not disclosed.
“This acquisition provides a great opportunity to expand reach in the marketplace through the combined portfolio of weatherization, thermal performance, air sealing and fire resistance solutions, with the ability to accelerate growth and innovation,” said Jarrett Davis, MaxLife general manager.
DuPont says the acquisition will add a differentiated fire-rated structural insulation sheathing (SIS) offering to its Performance Building Solutions portfolio. Specifically, the ArmorWall Plus SIS wall system will provide thermal protection, air sealing and a water barrier in a single panel that is mold- and mildew-resistant, and allows for a range of assemblies.
“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, DuPont Performance Building Solutions.
The broader portfolio will allow DuPont to expand its reach in the market, leveraging ArmorWall’s customer relationships, market knowledge, manufacturing capabilities and intellectual property, adds the company.
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