Rahul Sharma (Editor)

Diversey, Inc.

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Type
  
Subsidiary

Website
  
diversey.com

Founded
  
2002

Revenue
  
~$3.2 billion

Number of employees
  
11,000

Parent organization
  
Sealed Air


Industry
  
Chemicals, Hygiene, Sanitization

Products
  
Cleaning, food safety, business-to-business products and services

Headquarters
  
Charlotte, North Carolina, United States

CEO
  
Jerome Peribere (1 Mar 2013–)

Subsidiaries
  
JohnsonDiversey Canada Inc

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. Diversey is a brand of Sealed Air Corporation under its Diversey Care Division.

History

Diversey Corporation was founded in Chicago in 1923. In 1978, it was acquired by Molson. In 1996 it was acquired from Molson by Unilever, who merged it with its professional cleaning arm to form DiverseyLever. Johnson Wax Professional acquired the company from Unilever in 2002, and it became known as JohnsonDiversey, Inc. Johnson Wax Professional was a subsidiary of S. C. Johnson & Son until 1999, when it was spun off. In November 2009, Clayton, Dubilier & Rice acquired 46 percent of Diversey, Inc.

In February 2010, Curt Johnson stepped down as the head of Diversey, Inc. following allegations of repeated sexual assault of a child. In March 2010, the name changed again to Diversey, Inc., with a new tagline, “for a cleaner, healthier future.” In June 2011, Sealed Air announced that it was purchasing Diversey Holdings for $4.3 billion (9.5x 2010 Adj. EBITDA of $452mm) and the deal was completed in October that year. Diversey President and CEO Edward Lonergan continued to lead Diversey after the Sealed Air acquisition. The Carlyle Group bought Diversey G.K., “Diversey Japan” (an indirect subsidiary of Diversey, Inc.) in November 2012.

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

References

Diversey, Inc. Wikipedia