Meridian Sells Taylor Adhesives, Other Flooring Assets

CHARLOTTE, N.C., August 25-Meridian has agreed to sell its Flooring Adhesives Division to Avery Dennison, transferring ownership of the Taylor Adhesives, Polycom and Frontier Products brands. 

The deal will fold the flooring adhesives business into Avery Dennison’s Materials Group once completed.

Financial details of the transaction were not disclosed.