BRIEF-Avery Dennison To Acquire Meridian's Flooring Business-February 2024-www.financetom.com

BRIEF-Avery Dennison To Acquire Meridian's Flooring Business

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BRIEF-Avery Dennison To Acquire Meridian's Flooring Business

Aug 25, 2025 1:50 PM

Aug 25 (Reuters) - Avery Dennison Corp ( AVY ):

* AVERY DENNISON TO ACQUIRE MERIDIAN'S FLOORING BUSINESS

* AVERY DENNISON CORP ( AVY ) - TO BUY MERIDIAN'S FLOORING BUSINESS

FOR

$390 MILLION

* AVERY DENNISON CORP ( AVY ) - DEAL EXPECTED TO CLOSE IN Q4, NO

MATERIAL

ADJUSTED EPS IMPACT IN 2025

* AVERY DENNISON CORP ( AVY ) - UPON COMPLETION OF DEAL, FLOORING

ADHESIVES BUSINESS WILL BECOME PART OF AVERY DENNISON MATERIALS

GROUP BUSINESS

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