Diversey, Inc.

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Diversey, Inc.
Type Subsidiary
Industry Chemicals, Hygiene, Sanitization
Headquarters Racine, Wisconsin
Products Cleaning, food safety, business-to-business products and services
Revenue ~$3.2 billion
Employees 11,000
Parent Sealed Air
Website diversey.com

Diversey, Inc., formerly JohnsonDiversey,Inc., is a Racine, Wisconsin provider of cleaning and hygiene products to the institutional marketplace, serving lodging, food service, retail, health care, food and beverage companies, as well as building service contractors worldwide.[1][2] Diversey is a brand of Sealed Air Corporation under its Diversey Care Division.[3][4]

History

Diversey Corporation was founded in Chicago in 1923. Eventually, it was known as DiverseyLever until Johnson Wax Professional acquired the company from Unilever NV in 2002, and it became known as JohnsonDiversey, Inc.[5] Johnson Wave Professional was a subsidiary of S. C. Johnson & Son until 1999, when it was spun-off.[6] In November 2009, Clayton, Dubilier & Rice acuqired 46 percent of Diversey, Inc.[7]

In February 2010, Curt Johnson stepped down as the head of Diversey, Inc. for personal reasons.[8] In March 2010, the name changed again to Diversey, Inc., with a new tagline, “for a cleaner, healthier future.”[1][9] In June 2011, Sealed Air announced that it was purchasing Diversey Holdings for $4.3 billion and the deal was completed in October that year.[2][8] Diversey President and CEO Edward Lonergram continued to lead Diversey after the Sealed Air acquisition.[10] The Carlyle Group bought Diversey G.K., “Diversey Japan” (an indirect subsidiary of Diversey, Inc.) in November 2012.[11]

Riley Construction named Diversey’s headquarters a LEED-Gold Certified green building.[12]

See also

References

  1. 1.0 1.1 Joe Taschler (Sep 27, 2010). "With global sales, Diversey Inc. keeps a local focus". Milwaukee-Wisconsin Journal Sentinel. Retrieved Oct 22, 2013. 
  2. 2.0 2.1 Michael J. De La Merced. "$4.3 Billion Deal to Expand Packaging Firm". The New York Times. Retrieved Oct 22, 2013. 
  3. "Form 10-K (2012)". Securities and Exchange Commission. Retrieved November 21, 2013. 
  4. Michael Burke (October 16, 2013). "Sealed Air CEO sees higher profits in next three years". Journal Times. 
  5. Ameet Sachdev (November 21, 2001). "Johnson Wax agrees to buy cleaning unit". Chicago Tribune. Retrieved November 21, 2013. 
  6. Tara Lachapelle & Rita Nazareth (June 2, 2011). "Sealed Air Shareholders Diminished With 52% Premium for Diversey: Real M&A". Bloomberg. Retrieved November 21, 2013. 
  7. 8.0 8.1 "Diversey, Inc. Being Sold for $4.3 Billion". MountPleasant-Sturtevant Patch. Retrieved Oct 22, 2013. 
  8. Marci Laehr Tenuta (Mar 24, 2011). "Curtis Johnson, former Diversey chairman, charged with sexual assault". Journal Times. Retrieved Oct 22, 2013. 
  9. "Sealed Air to buy Diversey Holdings for $2.9B". The Seattle Times. Retrieved Oct 22, 2013. 
  10. "Sealed Air". Forbes. Retrieved Oct 22, 2013. 
  11. "Diversey Inc. Global Headquarters". Riley Construction. Retrieved Oct 22, 2013. 

External links

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