FILED BY DUPONT DE NEMOURS, INC.
PURSUANT TO RULE 425 UNDER THE SECURITIES ACT OF 1933
AND DEEMED FILED PURSUANT TO RULE 14a-12
UNDER THE SECURITIES EXCHANGE ACT OF 1934
SUBJECT COMPANY: DUPONT DE NEMOURS, INC.
COMMISSION FILE NO. 001-38196
Video Transcript
Andreas Fibig, Chairman and Chief
Executive Officer of IFF:
Hello, Im Andreas Fibig, CEO & Chairman of IFF.
Edward Breen, Executive Chairman of DuPont:
And Im
Ed Breen, Executive Chairman of DuPont.
Mr. Fibig:
We are very excited to announce that IFF has entered into a definitive agreement to combine with DuPonts Nutrition and Bioscience business, a world
leader in food science and biotechnology.
This combination will create a category-defining company that will deliver what our customers demand:
high-quality products, innovative solutions and a partnership to drive growth.
We will be a new ingredients and solutions provider with a unique ability
to deliver differentiated, integrated solutions to thousands of customers across a broad range of end-markets.
Mr. Breen:
And IFF and DuPonts
Nutrition & Bioscience businesses are really both terrific businesses and organizations. Were really bringing the best of the industry together in this transaction.
When I joined DuPont four years ago, and I learned about this industry, I was so excited with the growth prospects and for almost four years I have been
thinking about what if we could possibly get N&B and IFF together to create a global leading company.
These two organizations are well matched. We
really have three pillars in my mind: we have a strong, long-lasting customer relationship at both companies. We both are steeped in innovation, and thats our history, we both spend a lot of money on R&D and now we will kind of have double
the effort in that area. And both organizations are committed to sustainability, and Andreas I know you personally are very committed to that and lead an organization on that, so that is great.
Mr. Fibig:
Here are just two examples of many
incredible opportunities ahead of us with this combination. Today, IFF provides the flavors, seasonings, taste modulation and natural color for plant-based burgers, while Nutrition & Bioscience provides the texturants and the plant-based
proteins. Together, we are present in roll, cheese, and burger.
In Personal Care for example, IFF provides an encapsulation delivery system and scent
products for detergents, with Nutrition & Bioscience providing the enzymes for fluidity and stain removal. In each example, our combined company will be able to deliver all of these products in one differentiated solution to our customers.