Henkel reportedly in talks to buy Diversey Care

Rumoured sale anticipated to exceed $3 billion.

German chemical and consumer goods company Henkel is reportedly in talks to buy Sealed Air’s cleaning division Diversey Care, with the sale price anticipated to exceed $3 billion, according to The New York Post.

henkel-logo-pngSealed Air announced in October last year its plans to launch a spin-off of its Diversey Care division and the food hygiene and cleaning business.

At the time  of the announcement the company said the spin-off would take effect in the second half of 2017.

However, sources told The Post Sealed Air is also pursuing a sale of Diversey Care as part of a dual process.

“Private-equity firms want to bid for it, but Henkel is in there” and it may pay more, one source said.

“This could be a spin, but it sounds to me like a sale is even more likely,” a Sealed Air analyst said.


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