Abstract
A single DuPont business counts among its clients General Mills, Danone, Saline Water Conversion Corp. of Saudi Arabia, Cadbury, American Airlines, Aditya Birla Chemicals, and the London Underground. The business isn’t one of those DuPont manufacturing divisions—like construction materials or electronic chemicals—that touch many facets of society. The business is DuPont Sustainable Solutions (DSS), the firm’s consulting unit. In July, DSS will leave DuPont to become a stand-alone company. DuPont is selling it to the Swiss private equity firm Gyrus Capital for an undisclosed amount as part of a program to divest 10% of its portfolio. DuPont executives are jettisoning businesses they don’t see as having high growth potential. Davide Vassallo, DSS’s global managing director, begs to differ. He sees a lot of growth ahead as DSS expands beyond its historical practice and rolls out new technologies. DSS is surprisingly large. It generated about $170 million in revenues in 2018
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