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Bain Capital $3.2 billion acquisition of Diversey Care/food hygiene and cleaning business

27/3/2017
Private acquisition
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$ 3.2 billion

Announced

27/3/2017

Overview:

  • Private equity firm Bain Capital has acquired Diversey Care and the food hygiene and cleaning business from Sealed Air Corp.
  • Diversey Care was the cleaning and chemicals group of Sealed Air.
  • The transaction is expected to close in the second half of 2017.
  • Barclays and RBC Capital Markets served as financial advisers for Bain Capital.
  • Citi acted as financial adviser for Sealed Air.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Governing law:

United States

Industry sectors:

Consumer goods and services
Industrials and manufacturing

Firms:
Homburger

Party: Bain Capital (Acquirer)

Lawyer: Daniel Hasler

Kirkland & Ellis

Party: Bain Capital (Acquirer)

Lawyers: Christopher Torrente, Michelle Kilkenney

NautaDutilh

Party: Bain Capital (Acquirer)

Lawyer: Elke Janssens (left the firm)

Shearman & Sterling

Party: Citi (Financial adviser)

Lawyer: John Marzulli

Skadden Arps Slate Meagher & Flom

Party: Sealed Air Corp (Seller)

Lawyers: Allison Land, Steven Messina

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