11.07.11
Sealed Air Corporation has unveiled the next step in the integration of the Diversey business, including the establishment of new business units in 2012.
“As part of our integration process, we plan to organize Sealed Air into three business units focused on food safety and security, facility hygiene and product protection. This market-oriented organization will help maximize the opportunities and value creation we expect to generate from the Diversey acquisition,” said William V. Hickey, president and CEO.
The Food & Beverage business will combine Sealed Air’s legacy Food Packaging and Food Solutions businesses with Diversey’s Food & Beverage applications. This business is expected to represent approximately 45% of Sealed Air revenue and will be led by Karl Deily, an experienced leader with more than 30 years at Sealed Air.
The Institutional & Laundry unit will consist of Diversey's building care, laundry and infection control solutions for Building Service Contractors/Facility Management, Retail, Food Service, Hospitality and Health Care sectors. This business is expected to represent approximately 30% of Sealed Air revenue and will be led by Pedro Chidichimo, a senior executive with more than 15 years at Diversey. Chidichimo, currently leads Diversey’s Global Customer Solutions and Innovation efforts and was previously the President of the Europe, Middle East and Africa business.
The Protective Packaging will combine Sealed Air’s legacy Protective Packaging, Shrink Packaging and Specialty Materials businesses.