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Sealed Air (SEE) to Spin-Off Diversey Care and Related Hygiene Business

Go back to Sealed Air (SEE) to Spin-Off Diversey Care and Related Hygiene Business

Sealed Air Announces Plan to Pursue Spin-Off of Diversey Care and Related Hygiene Business

October 17, 2016 5:35 PM EDT

Enables New Sealed Air and New Diversey to better leverage global leadership positions and capitalize on focused investments within their respective industries Dr. Ilham Kadri to be named CEO of the spin-off company Expected to be completed in the second half of 2017

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Sealed Air Corporation (NYSE: SEE) announced today a plan to pursue the spin-off of its Diversey Care division and the food hygiene and cleaning business within its Food Care division (together New... More