Avery Dennison to Acquire Meridian Adhesives Flooring Business for $390 Million

August 25, 2025

Avery Dennison has signed a definitive agreement to acquire the U.S.-based flooring adhesives business of Meridian Adhesives Group for $390 million, subject to customary closing and post-closing adjustments. The deal is expected to close in the fourth quarter of 2025 and will be integrated into Avery Dennison’s Materials Group.

Buyers
Avery Dennison Corporation
Targets
Meridian Adhesives Group’s U.S. flooring adhesives business (Taylor Adhesives, Polycom, Frontier Products brands)
Sellers
Meridian Adhesives Group
Location
Georgia, United States
Transaction Type
Buyout

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