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Diversey company history timeline

1923

Diversey Corporation was founded in Chicago in 1923 by August and Herbert Kochs as a division of their Victor Chemical Works cleaning products company.

1950

1950, Diversey Corp. began operations as a separate entity after a public offering of 143,000 shares of its common stock by F. Eberstadt & Co., Inc.

1962

U S Chemical has a history that is rich in growth and development, flourishing since 1962.

1968

1968 – Equipment Department was established and began manufacturing dispensing equipment

1978

In 1978, Diversey was acquired by Molson and Herbert Kochs retired as chairman the next year.

1979

Herbert Kochs remained chairman until retirement in 1979.

1982

1982 – U S Chemical began to sell through distribution

1996

In 1996 the now Northbrook, Illinois headquartered Diversey was acquired from Molson by Unilever, who merged it with Industrial Lever to form DiverseyLever based in Cincinnati, Ohio.

1999

Johnson Wax Professional had been a subsidiary of S. C. Johnson & Son until 1999, when it was spun off.

2001

In June 2001, Proforma sales of DiverseyLever were estimated to be €1.654 billion.

2002

Johnson Wax Professional bought the business from Unilever in 2002, which became known as JohnsonDiversey, Inc., while Unilever retained an interest in the DiverseyLever unit.

2009

In July 2009, Unilever reduced its equity interest in JohnsonDiversey to 4 percent.

In November 2009, Clayton, Dubilier & Rice acquired 46 percent of JohnsonDiversey.

2010

JohnsonDiversey, Inc. and JohnsonDiversey Holdings, Inc. announced on March 1, 2010 that the Board of Directors of both entities would approve a change of their corporate names.

In March 2010, JohnsonDiversey changed its name to Diversey, Inc., with a new tagline, “for a cleaner, healthier future.”

2011

In February 2011, Curt Johnson stepped down as the head of Diversey following allegations of child sexual assault.

2012

The Carlyle Group bought Diversey G.K., “Diversey Japan” (an indirect subsidiary of Diversey, Inc.) in November 2012.

2013

2013 – U S Chemical, along with Diversey, Inc. became a part of Diversey Care, Sealed Air’s hygiene and cleaning business unit

2016

In October 2016, Sealed Air announced a plan to spin off its Diversey Care division along with the food hygiene and cleaning business within its Food Care division.

2017

In March 2017, Bain Capital announced that it was purchasing the Diversey Care division of Sealed Air for $3.2 billion, with the intention of running Diversey as a standalone company.

On August 4, 2017, Diversey celebrated 95 years of innovation.

In August 2017, Doctor Ilham Kadri was named as the President & CEO of the new Diversey business, and the sale was completed in September 2017.

2018

On August 4, 2018, Diversey celebrated 95 years of innovation.

In October 2018 was announced that CEO Dr Ilham Kadri is resigning her position as of 31 December 2018.

2021

On March 25, 2021, Diversey virtually participated in the iconic bell ringing ceremony at Nasdaq MarketSite marking the date with an initial public offering.

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Founded
1923
Company founded
Headquarters
Fort Mill, SC
Company headquarter
Founders
August Kochs,Herbert Kochs
Company founders
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Diversey history FAQs

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Diversey may also be known as or be related to DIVERSEY HOLDINGS, INC., DIVERSEY INC., Diversey, Diversey Holdings, Ltd, Diversey Inc and Diversey, Inc.