Bain Capital Private Equity has completed its purchase of Diversey from Sealed Air Corporation, after the transaction was first announced on 27th March 2017.
Diversey 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.”
Ken Hanau, a managing director at Bain Capital Private Equity, said: “We are excited to invest in expanding Diversey’s long track record of leadership and innovation in the hygiene and cleaning solutions market to help its customers minimise their risks, be more efficient and more productive, and protect their brand integrity.”
