Sales: $2.2 billion for I&I products. Corporate sales: $7.7 billion. Net income: $124 million.
Key Personnel: Jerome Peribere, president and chief executive officer; Ilham Kadri, president, Diversey Care; Carol Lowe, chief financial officer/finance; Chip Cook, vice president, customer service and sales operations; Emile Chammas, supply chain.
Major Products: Cleaning and hygiene solutions and services that are used in commercial, institutional and industrial facilities.
Comments: The 2012 acquisition of Diversey has been completely integrated into Sealed Air’s business scheme. The division is now called Diversey Care and accounted for 29% of the company’s sales last year. In 2013, Diversey Care sales rose 2% due to a favorable product price/mix. The increase was primarily due to pricing actions in Latin America. Moreover, the division reported an operating profit of $58 million, compared to a loss of $1.3 billion in 2012.
Last fall, Diversey Care’s global headquarters in Sturtevant, WI was LEED-Gold Certified. The site features native prairie plants and restored wetlands on more than half of its 57 acres, according to the company.
For the first quarter of 2014, Diversey Care’s sales fell 1.5% to $505 million. However, corporate sales increased nearly 3% to $1.8 billion.
In May, thanks to help from Diversey Care, grocery retailer Hy-Vee, Inc. has been presented RFID Journal magazine’s 2014 Best Use of RFID to Enhance a Product or Service Award. Hy-Vee was recognized for its implementation of Sealed Air Diversey Care’s TempTRIP cold-chain management system. Hy-Vee used the system’s RFID tags to monitor the temperature of perishable foods at its distribution centers, transport carriers, and retail store locations.
Just last month, Diversey Care announced that is has fulfilled its commitment with the World Wildlife Fund’s Climate Savers program to reduce greenhouse gas emissions. In 2009, Diversey Care committed to reduce greenhouse gas emissions 25% below 2003 levels over the next four years. At the end of 2013, Diversey Care operations reported a 48% reduction in greenhouse gas emissions from 2003 levels. Diversey Care credited this improvement to converting its North American fleet to higher efficiency vehicles, installing a fuel cell and wind turbines at the company’s North American headquarters, and using green building principles in the design and operation of all leased and built facilities.