Meridian Adhesives flooring business

Transaction overview

Status: Announced

Exact closing date not established.

Avery Dennison agreed to acquire Meridian Adhesives Group’s U.S. flooring adhesives business for $390 million, subject to adjustments. Arsenal remained an investor in Meridian after its 2022 partnership with American Securities. Closing was expected in the fourth quarter of 2025.

Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.