The Carlyle Group Acquires Diversey Japan
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The Carlyle Group Acquires Diversey Japan

The Carlyle Group and Sealed Air Corporation have entered into an agreement whereby the Carlyle Group will sponsor the management buyout of Diversey G.K. (“Diversey Japan”), a provider of cleaning, sanitation and hygiene products and services. The equity for this investment will come from Carlyle Japan Partners II.

Diversey Japan is a provider of cleaning, sanitation and hygiene products and services to institutional customers in the Japanese market. The company serves end-users in the building maintenance, retail, food service, hotel, health care, and food, dairy and beverage sectors. Diversey Japan differentiates itself in the industry as a total solution provider, combining detergents, equipment and services while also leveraging its specialized know-how to meets its customers’ various needs. The company is based in Yokohama, Japan (www.diversey.co.jp).

Mr. Toshiro Misumi, Executor of Diversey G.K., will assume the position of President and Chief Executive Officer upon closing and take the helm at the newly independent Diversey Japan.

“Diversey Japan has a preeminent position in Japan’s stable cleaning and sanitation market. With its competitive line-up of products and solutions as well as its strong sales network, we believe the company will continue its significant growth in the future,” said Tamotsu Adachi, Managing Director of The Carlyle Group and Co-head of its Japan Buyout Group. “Diversey Japan’s competitive positioning and high growth potential, combined with its unique business model as a total solution provider, have led us to invest in its future development. We look forward to partnering with Mr. Misumi and the rest of the talented new management team and intend to provide our fullest support to Diversey Japan. Furthermore, we will endeavor as a private equity sponsor to provide support in terms of both business strategy and capital, so that Diversey Japan can achieve a new growth story for the future under the new management structure.”

The Carlyle Group invests in buyouts, growth capital, real estate and leveraged finance in Africa, Asia, Australia, Europe, North America and South America focusing on aerospace & defense, automotive & transportation, consumer & retail, energy & power, financial services, healthcare, industrial, infrastructure, technology & business services and telecommunications & media. The firm is based in Washington, DC (www.carlyle.com).

© 2012 PEPD • Private Equity’s Leading News Magazine • 10-30-12

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