DuPont, a technology-based materials and solutions provider, completed the acquisition of Laird Performance Materials, a British-based electronics and technology business, from Advent International, one of the world's largest private equity firms, for $2.3bn. "The acquisition of Laird Performance Materials is a significant step in advancing DuPont's strategy to grow as a global innovation leader and premier multi-industrial company. Laird Performance Materials is a strategic and complementary addition to the Electronics & Industrial (E&I) business, and our applied material science expertise together with Laird Performance Materials' industry-leading application engineering capabilities further strengthens DuPont as an essential partner for major electronics OEMs and manufacturers," Ed Breen, DuPont Executive Chairman and CEO.