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

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