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Meridian (MRBK)

Earnings summaries and quarterly performance for Meridian.

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Meridian's Flooring Business to be Acquired by Avery Dennison
MRBK
M&A
  • Avery Dennison Corporation has signed a definitive agreement to acquire the U.S.-based flooring adhesives business of Meridian Adhesives Group for $390 million.
  • Meridian’s flooring adhesives business is projected to have approximately $110 million in revenue in 2025.
  • The acquisition includes Taylor Adhesives, Polycom, and Frontier Products’ brands.
  • The transaction is expected to close in the fourth quarter and is not anticipated to materially impact Avery Dennison's adjusted earnings per share in 2025.
Aug 25, 2025, 8:15 PM

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