Diversey completes acquisition of the Avmor business
November 05 2021 - 4:03PM
Diversey Holdings, Ltd. (NASDAQ: DSEY), a leading provider of
hygiene, infection prevention and cleaning solutions, today
announced it has completed the acquisition of certain assets of
Avmor Ltd, a Canadian based supplier of specialist hygiene
solutions for the Institutional industry with over 70 years of
experience in the market. This acquisition will strengthen
Diversey’s market presence in Quebec and Canada and enhance its
service and product offerings for distributors and direct
customers. Financial terms of the agreement were not disclosed.
“This will provide our distributors and
customers with the most comprehensive portfolio of cleaning and
hygiene solutions available in the market today,” said Shanna
Munro, Diversey Canada General Manager. “We anticipate enhanced
value and choice for customers as we move forward to expand and
optimize our product offerings and distribution network.”
Mattie Chinks, longtime Avmor president,
explained: "The sale of the Avmor brand is an emotional step for
the Morrow and Chinks families, however we are all confident that
this is the best solution for our brand, our distributors, and our
customers.”
“We have a shared philosophy built around
product quality and a commitment to customer service,” said Paul
Goldin, Vice President of
Avmor. About Avmor
Headquartered in Laval, Quebec, Avmor is a
manufacturer of professional cleaning solutions tailored towards
the janitorial, sanitation and food service markets. Avmor elevates
the importance of cleaning with a focus on contributing to the
health and safety in “away from home” spaces and environments.
Avmor provides complete cleaning solutions via a customer centric,
innovation driven culture, by leveraging the depth of our industry
expertise and over 70 years of experience. Signature brands include
Ecopure, Biomor, Av-mixx Dilution Control System, Quick Stuff Food
Service Cleaning System, and Synergy Floor Care.
About Diversey Diversey’s
mission is to protect and care for people through leading hygiene,
infection prevention, and cleaning solutions. We develop and
deliver innovative products, services, and technologies that save
lives and protect our environment. Over the course of 95 years, the
Diversey brand has become synonymous with product quality, service,
and innovation.
For more information, visit www.diversey.com or follow
us on LinkedIn, Facebook, or Twitter @diversey.
Diversey Holdings, Ltd.
Investor Contact: Grant Graver
ir@diversey.com
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