Goldman Sachs in $4.3 Billion Sale of Diversey Holdings to Sealed Air Corporation

Cleary Gottlieb is representing Goldman Sachs, as financial advisor to Diversey Holdings, in the sale of that company to Sealed Air Corporation for $4.3 billion. Diversey shareholders will receive cash and Sealed Air stock for their Diversey shares. The transaction, announced on June 1, 2011, is expected to close before the end of the year.

Diversey Inc. is a global provider of commercial cleaning, sanitation and hygiene solutions. Sealed Air Corporation is a global manufacturer of a wide range of packaging and performance-based materials and equipment systems.