Diversey Holdings, Ltd.

General Information
Diversey’s mission is to protect and care for people through leading hygiene, infection prevention and cleaning solutions. Our fully integrated suite of solutions combines patented chemicals, dosing and dispensing equipment, cleaning machines, services and digital analysis, and serves more than 85,000 customers in over 80 countries via our vast network of more than 1,400 technicians and approximately 8,500 employees globally. We are the leading global pure play provider to the approximately $32 billion cleaning and hygiene industry for the Institutional and Food & Beverage markets. 
(Note: Diversey Holdings priced its IPO on March 24, 2021, at $15 – sharply below its $18-to-$21 price range – on 46.15 million shares, the same number of shares in the prospectus, to raise $692.25 million.  The proceeds are well below the estimated volume of $899.93 million, if the deal had been priced at the mid-point of its range.)
Industry: Specialty cleaning, polishing and sanitation preparations
Employees: 8500
Founded: 1926
Contact Information
Address 1300 Altura Road, Suite 125 Fort Mill, South Carolina 29708
Phone Number (803)746-2200
Web Address http://www.diversey.com
View Prospectus: Diversey Holdings, Ltd.
Financial Information
Market Cap $5924.49mil
Revenues $2629.2 mil (last 12 months)
Net Income $-38.5 mil (last 12 months)
IPO Profile
Symbol DSEY
Exchange NASDAQ
Shares (millions): 46.2
Price range $15.00 - $15.00
Est. $ Volume $692.3 mil
Manager / Joint Managers Citigroup/ Morgan Stanley/ Barclays/ J.P. Morgan
CO-Managers BofA Securities/ Credit Suisse/ Goldman Sachs/ Jefferies/ RBC Capital Markets/ UBS Investment Bank/ Baird/ Guggenheim Securities/ Siebert Williams Shank
Expected To Trade: 3/25/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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