Avery Dennison completes acquisition of Meridian’s flooring business

Avery Dennison completes acquisition of Meridian’s flooring business

MENTOR, Ohio – October 20, 2025 — Avery Dennison Corporation (NYSE:AVY), a leading global materials science and digital identification solutions company, today announced it has completed the acquisition of the U.S.-based flooring adhesives business of Meridian Adhesives Group, a global adhesives manufacturer, for the purchase price of $390 million.

 

Meridian’s flooring adhesives business is a leader in the development, manufacture and commercialization of specialty adhesives and coatings for the U.S. flooring industry. The flooring adhesives business, which includes the Taylor Adhesives, Polycom and Frontier Products brands, has become part of the Avery Dennison Materials Group business, and will operate as Taylor Adhesives, an Avery Dennison Company.

About Avery Dennison

Avery Dennison Corporation (NYSE: AVY) is a global materials science and digital identification solutions company. We are Making Possible™ products and solutions that help advance the industries we serve, providing branding and information solutions that optimize labor and supply chain efficiency, reduce waste, advance sustainability, circularity and transparency, and better connect brands and consumers. We design and develop labeling and functional materials, radio frequency identification (RFID) inlays and tags, software applications that connect the physical and digital, and offerings that enhance branded packaging and carry or display information that improves the customer experience. Serving industries worldwide — including home and personal care, apparel, general retail, e-commerce, logistics, food and grocery, pharmaceuticals and automotive — we employ approximately 35,000 employees in more than 50 countries. Our reported sales in 2024 were $8.8 billion. Learn more at www.averydennison.com.

Media contact

Avery Dennison:

 

INVESTOR RELATIONS

William Gilchrist
Vice President, Investor Relations
investorcom@averydennison.com

 

MEDIA RELATIONS

Kristin Robinson

Vice President, Global Communications
kristin.robinson@averydennison.com