DuPont signs agreement to acquire MECS

DuPont has signed a definitive agreement to acquire MECS Inc, from affiliates of American Securities LLC; advancing the company's capabilities to deliver sustainable solutions and expand its reach in emerging markets. The acquisition will expand the DuPont clean technologies portfolio with complementary science-based offerings and also provide the company with further access to high-growth market segments, particularly in developing regions like Asia Pacific and the Middle East MECS' technologies and services will expand and strengthen DuPont Sustainable Solutions [DSS] business' clean air and clean fuel offerings and provide access to markets beyond those we now serve. We estimate that this acquisition will increase the addressable market for our clean air and clean fuel offerings from approximately $200 million to $1 billion, says James R Weigand, President, DuPont Sustainable Solutions.