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Sealed Air Sells Diversey Care To Bain Capital for $3.2 billion

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By: TOM BRANNA

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Sealed Air Corporation will sell its Diversey Care division and the food hygiene and cleaning business within its food care division (New Diversey) to Bain Capital Private Equity for approximately $3.2 billion. New Diversey will be a leading hygiene and cleaning solutions company that integrates chemicals, floor care machines, tools and equipment, with a wide range of technology-based, value-added services, food safety services and water and energy management, according to Bain Capital. ...

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