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Dr. Ilham Kadri to lead pure-play hygiene and cleaning company.
October 18, 2016
By: Christine Esposito
Editor-in-Chief
Sealed Air Corporation plans to spin-off of its Diversey Care division and the food hygiene and cleaning business within its food care division, allowing the Sealed Air business to continue as an independent public company. Under the plan, Sealed Air’s shareholders would own 100% of the common stock of New Diversey following completion of the spin-off. The plan is designed to allow each of New Sealed Air and New Diversey to focus on a distinct set of strategic objectives, creating enhanced s...
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