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US Sealed Air to integrate global cleaning and sanitisation specialist Diversey

November 09/2011

(PlastEurope) -- Protective packaging supplier Sealed Air (Elmwood Park, New Jersey / USA) has revealed its next steps in the integration of global cleaning and sanitisation specialist Diversey, which it acquired in June 2011 for USD 4.3 bn. The integration will lead to the establishment of three market-oriented business units focused on food safety and security, facility hygiene and product protection.

The company said the new organisation will simplify its organisational structure and reduce complexity, bring advantages through economies of scale in key market sectors and geographies, focus and accelerate growth in developing markets across all businesses and maximise shared customer and development opportunities in the food and beverage unit.

The new organisation will consist of the business units and a developing markets group to support the global businesses and accelerate growth in Africa, Asia, India, the Middle East and Turkey, the company said. The new structure is expected to be implemented in 2012 and will replace Sealed Airs six business unit structure and Diverseys four region-based structure.

The food and beverage business will combine Sealed Airs legacy food packaging and food solutions businesses with Diverseys food and beverage applications. The new segment will deliver solutions to improve the food and beverage supply chain, bringing extended product shelf life, reduced waste, and provide value-added convenience benefits, the company said. This business is expected to represent approximately 45% of Sealed Air revenue. It will be led by Karl Deily, who currently leads the companys global food packaging business.

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