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EN
Avery Dennison to acquire Meridian Adhesives’ flooring adhesives business
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European Coatings
Avery Dennison Corporation has entered into a definitive agreement to acquire the flooring adhesives business of Meridian Adhesives Group in the United States.
Meridian’s flooring adhesives division is a recognised leader in developing, manufacturing and commercialising specialty adhesives and coatings for the U.S. flooring industry.
Strategic expansion of adhesives portfolioFollowing completion, the flooring adhesives operations – including the Taylor Adhesives, Polycom and Frontier Products brands – will be integrated into Avery Dennison’s Materials Group.
“This acquisition brings valuable application-oriented solutions in high-value categories to our adhesives portfolio and opens new opportunities in the flooring sector,” said Ryan Yost, president of Avery Dennison Materials Group.
Avery Dennison CEO Deon Stander emphasised the company’s continued focus on expanding in specialty adhesives, while Meridian’s Ralph Grogan underlined the growth potential: “With Avery Dennison’s support and reach, our brands are well-positioned to keep expanding and delivering greater value to customers.”
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