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Avery Dennison completes acquisition of Meridian’s flooring adhesives business
Avery Dennison has completed the acquisition of Meridian Adhesives Group’s U.S.-based flooring adhesives business for approximately EUR 360 million.
The acquisition strengthens Avery Dennison’s portfolio in specialty adhesives and coatings for the construction and flooring industries. The transaction includes the Taylor Adhesives, Polycom, and Frontier Products brands, which will become part of the company’s Materials Group business and continue operations under the name Taylor Adhesives, an Avery Dennison company.
Meridian’s flooring adhesives business is recognized as a U.S. leader in the development, manufacture, and commercialization of specialty adhesives and coatings designed for flooring applications.
Relevance for the coatings industry
The acquisition also holds relevance for the coatings industry, as flooring adhesives and coatings are based on advanced polymer formulations closely related to technologies used in paints and functional surface coatings. By integrating this business, Avery Dennison enhances its expertise in developing low-emission, high-performance surface systems—an area of growing importance driven by sustainability and regulatory developments.
