Diversey Becomes Standalone Company

On September 6, 2017, Diversey announced that the purchase of the business by Bain Capital Private Equity from Sealed Air Corporation (NYSE:SEE) is complete. They will now be a standalone company that will include the Diversey Care division of Sealed Air as well as the food hygiene solution business that was part of its Food Care division. Dr. Ilham Kadri, appointed CEO of Diversey upon completion of the sale, commented: “As an independent business, we will have the ability to be smarter and more agile than ever before as we introduce enhanced technology and innovation. As we work together with our formidable new ownership, our customers will be our singular focus.”