Chemicals
Company Overview of Diversey Holdings, Inc.
Company Overview
8310 16th Street
Sturtevant, WI 53177-0902
United States
Founded in 2001
10,170 Employees
Key Executives for Diversey Holdings, Inc.
Diversey Holdings, Inc. Key Developments
Diversey Holdings, Inc. reported unaudited earnings results for the third quarter of 2011. For its third quarter 2011, the company has reported net sales of $825 million versus $784 million for its third quarter 2010 and EBITDA of $97 million versus $117 million of previous year period.
Diversey Holdings Inc. plans to close its factory in Sturtevant in Racine County in September 2011. The company said the closing will result in the layoff of 57 employees. The plant closing is the result of the termination of a lease for the factory, 8311 16th St., and the resulting move of production to other company plants and third-party sites in the United States and Canada.
Sealed Air Corporation announced that the U.S. Federal Trade Commission and the U.S. Department of Justice granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, with respect to the proposed acquisition of Diversey Holdings, Inc. As previously announced on June 1, 2011, Sealed Air entered into a definitive agreement to acquire Diversey in a transaction valued at approximately $4.3 billion. The transaction is subject to the satisfaction of customary closing conditions, including certain foreign regulatory approvals.
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To contact Diversey Holdings, Inc., please visit www.diversey.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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