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Sealed Air To Sell Diversey To Bain Capital

$3.2 billion deal for I&I unit.

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By: Christine Esposito

Editor-in-Chief

Sealed Air Corporation has entered into a definitive agreement to 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 managem...

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