NEWS


SEALED AIR ANNOUNCE SALE OF DIVERSEY CARE TO BAIN CAPITAL


PRIVATE EQUITY Sealed Air Corporation has announced that it has entered into a definitive agreement to sell its Diversey Care division and the food hygiene and cleaning businesses within its Food Care Division (together ‘New Diversey’) to global private investment firm Bain Capital Private Equity, in a deal worth approximately $3.2billion.


New Diversey, which will be a leading hygiene and cleaning solutions company that integrates chemicals, floorcare machines, tools and equipment with a wide range of technology-based services, food safety services and water and energy management, will continue to employ around 8,600 people globally.


Speaking of the announcement, Jerome Peribere, President and CEO of Sealed Air, said: “We are pleased that New Diversey has a


strong partner to support future growth initiatives and drive further expansion. Diversey Care and its related hygiene business has built an impressive innovation pipeline that includes the Internet of Clean, robotics and AHP disinfection technologies, revamped its go-to- market strategy and significantly improved profitability.”


Ken Hanau, a Managing Director at Bain Capital Private Equity, added: “Diversey has a long track record of leadership in the hygiene and cleaning solutions market on a global basis.


“We are excited to partner with the talented team at Diversey to grow across key market verticals and geographies while investing in innovative hygiene solutions. Bain Capital’s integrated global platform and strong growth orientation are well aligned with the strategic vision for Diversey.”


The sale of New Diversey to Bain Capital is expected to close in the second half of 2017, and is subject to certain regulatory approvals and customary closing conditions.


GLOBAL CONTRACT CLEANING SERVICES


ON THE RISE The global market for contract cleaning services is expected grow at a compounded annual growth rate — or CAGR — of 4.8% during the next five years, according to a new study from market research firm ReportsnReports.


The report credits the growth to an increase in demand for services in North and South America.


The global contract cleaning services market is expected to be driven by an increasing demand from key end-users such as commercial office buildings, transportation, healthcare institutions and educational institutions.


Growing dual-income families due to increasing women education and employment are contributing to the growth of the market in terms of residential end-users. Increasing use of automated cleaning techniques has also driven the market growth since these devices reduce cleaning time as well as improve the efficiency at work.


NILFISK APPOINTS BRILL


NEW SALES DIRECTOR John Brill has been appointed Sales Director at Nilfisk with overall responsibility for sales into CC/ Institutions/Industry in UK & Ireland. John has successfully led the direct key account team since 2015.


Prior to his move to Nilfisk in 2015 John has enjoyed a lengthy career in the cleaning industry with sales management positions at Diversey and Arrow Solutions.


John Brill commented: “I am very much looking forward to the challenges the role will bring. In recent years we have achieved significant growth in new and existing market segments and I am confident we can maintain this momentum.


6 | Tomorrow’s Cleaning


The study cites ABM, ISS and ServiceMaster as key vendors in the expansion of the contract cleaning services market.


To read the full report, click here.


“The future looks exciting as our Horizon Programme sets the course for a long-term, strategic, programme of autonomous and connected cleaning solutions that will completely redefine how our customers look at productivity and total cost of ownership.


“Nilfisk have the best product offering and service solutions in the industry, with a clear focus on innovation we are committed to meeting customer’s expectations to lower the cost of clean without compromising on the result.”


www.nilfisk.co.uk twitter.com/TomoCleaning


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