DuPont has acquired Coastal Training Technologies Corporation, a leading global producer and marketer of cutting-edge training programs, headquartered in Virginia Beach, VA. This transaction is expected to fuel significant growth for DuPont Safety Resources, a safety consulting business within the DuPont Safety & Protection segment. Terms of the agreement were not disclosed.The acquisition includes transfer of all customer agreements, patents, copyrights, brands, equipment and personnel. It will allow DuPont to provide a broader mix of delivery systems to a growing global audience. Coastal Training Technologies, with offices in the U.S., Mexico, Europe, Brazil, India and the Philippines, will gain access to DuPont’s broad customer network for its extensive library of training products.
The acquisition is part of the company’s strategy to expand its presence in emerging markets and safety industries. It complements DuPont’s current safety training and consulting business, creating a single-source training leader with the greatest variety of safety programs for companies, governments and organizations seeking training and consultation.
The DuPont Safety & Protection segment includes DuPont Advanced Fiber Systems, DuPont Nonwovens, DuPont Building Innovations, DuPont Chemical Solutions Enterprise and DuPont Safety Resources. In 2007, the division’s revenues totaled $5.6 billion.