Meridian to Divest Flooring Business, Including Taylor Adhesives, Polycom, and Frontier Products, to Avery Dennison

Core Insights - Meridian has entered into a definitive agreement to divest its Flooring Adhesives Division to Avery Dennison, which will integrate the brands into its Materials Group business, aiming for accelerated innovation and expanded reach [1][2][3] Company Overview - Meridian Adhesives Group is a leading manufacturer of high-performance adhesives, providing solutions across various markets including electronics, product assembly, infrastructure, packaging, and flooring [3] - Avery Dennison Corporation is a global leader in materials science and digital identification solutions, reported sales of $8.8 billion in 2024, and employs approximately 35,000 employees in over 50 countries [4]