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November 20, 2001
By: TOM BRANNA
Editor
Johnson Wax Professional announced today that it has signed a definitive agreement to acquire DiverseyLever, Unilever’s institutional and industrial cleaning business. The acquisition, subject to regulatory approval will be completed in early 2002.The consolidation of Johnson Wax Professional and DiverseyLever is the largest ever in the industrial and institutional market, according to the companies. To complete the deal, Johnson Wax Professional will compensate Unilever with a combination...
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