# TJC completes acquisition of majority stake in DuPont's Delrin business for $1.8B

The Jordan Company (TJC) completed the acquisition of 80.1% of DuPont's Delrin POM homopolymer business, valuing the business at approximately $1.8 billion. DuPont retains a 19.9% stake and received about $1.28 billion in cash plus a $350 million bond.

- Type: Acquisition
- Announced: 2023-11-30
- Where: West Virginia (USA), Netherlands, United States
- Value: $1.80B
- Jobs: 600
- Status: completed
- Products: Delrin POM homopolymer
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [The Jordan Company](https://endata.com/companies/1301.md) (acquirer)
- [DuPont](https://endata.com/companies/13205.md) (target)

## Sources

- [plasticker.de](https://plasticker.de/Plastics_News_44111_DuPont_Sale_of_Delrin_business_to_TJC_completed), 2023-11-30: "Under the umbrella of TJC, Delrin will be managed as an independent company by Jürgen Pongratz."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.