DuPont Buys Griffin

WILMINGTON, Del. – DuPont has acquired Griffin Corporation’s interest in Griffin LLC, thereby becoming the sole owner. Financial terms were not disclosed.

The purchase will allow DuPont Crop Protection to offer customers a more expansive product portfolio in key segments, including cotton, fruit, vegetable and professional products. Griffin LLC’s product line will complement the existing crop protection business.

Griffin LLC has five manufacturing sites in North and South America. Griffin LLC was formed in 1998.

“Purchasing Griffin Corporation’s equity interest in Griffin LLC will provide opportunities for profitable top line growth,” asserted James Borel, president, DuPont Crop Protection. “This action is consistent with our objective to grow our specialty markets business globally, and these additions to our portfolio will help us serve customers better.”