#United States #Charlotte #Avery Dennison #Meridian Adhesives #Floors

Meridian's Flooring Business Transition to Avery Dennison

In a significant strategic move, Meridian Adhesives Group announced its decision to divest its Flooring Adhesives Division, which encompasses industry-recognized brands such as Taylor Adhesives, Polycom, and Frontier Products. This definitive agreement with Avery Dennison, a global leader in materials science and digital identification solutions, promises to reshape the landscape of the flooring adhesive market.

Details of the Acquisition

On August 25, 2025, Meridian revealed its intention to transfer the Flooring Adhesives Division to Avery Dennison. This acquisition will see the integration of Meridian's flooring business into Avery Dennison's Materials Group, setting the stage for a period of enhanced innovation and market reach. Daniel Pelton, CEO of Meridian, commented on the divestiture as a culmination of years of growth within the Flooring Division. He expressed confidence that Avery Dennison's scale and innovative capabilities would further bolster the division's growth trajectory.

Ralph Grogan, the Commercial President of Flooring, echoed these sentiments, assuring clients that they would continue receiving the same exceptional products and services as before, but now enhanced by Avery Dennison's resources and investments. This strategic transition aims to create synergies that enhance product offerings and customer satisfaction.

Implications for Meridian and Avery Dennison

For Meridian, this move is designed to streamline operations and concentrate efforts on its remaining portfolio, which includes various other adhesive technologies. The divestiture allows Meridian to realign its business strategy to focus on core competencies and potential new growth areas. Meanwhile, Avery Dennison views this acquisition as an opportunity to capitalize on high-value product lines, further advancing its growth strategy. Ryan Yost, President of the Materials Group at Avery Dennison, highlighted the compatibility of Meridian's flooring division with Avery Dennison's existing operations and the promise it holds for both entities.

A Smooth Transition

Meridian has committed to working closely with Avery Dennison to ensure a seamless transition for staff, customers, and partners alike. As this process unfolds, Meridian will provide further updates and detailed information, reinforcing their focus on maintaining operational integrity during the change.

About the Companies Involved

Meridian Adhesives Group is known for its high-performance adhesives, serving various markets including electronics, infrastructure, packaging, and of course, flooring. The company prides itself on delivering innovative adhesive solutions tailored to meet the dynamic needs of its global clientele.

Avery Dennison Corporation, listed on NYSE under the ticker AVY, is a heavyweight in materials science and digital solutions, boasting a wide range of products that improve branding and operational efficiencies. With approximately 35,000 employees in over 50 countries, Avery Dennison reported sales of $8.8 billion in 2024, highlighting its strong market presence.

As the flooring industry continues to evolve, this acquisition may signal new trends and opportunities for advancements in materials and adhesive technologies, benefiting consumers and industries alike. Stakeholders are eager to observe the developments stemming from this merger and how it might redefine operational capabilities moving forward.

In conclusion, Meridian's strategic divestiture of its Flooring Business not only aligns with its corporate focus but also signifies an exciting new chapter for both companies as they continue to innovate and grow in their respective sectors.