Taylor Adhesives Purchased by Avery Dennison Materials Group

Mentor, OH, August 26, 2025-Avery Dennison Corporation, a global materials science and digital identification solutions company, has signed a definitive agreement to acquire the U.S.-based flooring adhesives business of Meridian Adhesives Group, a global adhesives manufacturer, for the purchase price of $390 million. 

This means that the business will transition from PE ownership to being publicly traded, once the deal with completed.

Meridian’s flooring adhesives business develops, manufactures and commercializes specialty adhesives and coatings for the U.S. flooring industry, with projected 2025 revenue of approximately $110 million and attractive operating margins. Headquartered in Dalton, Georgia, it operates four manufacturing facilities in the United States and employs approximately 110 people.

Upon completion of the transaction, the flooring adhesives business will become part of the Avery Dennison Materials Group business. The Meridian flooring adhesives business includes Taylor Adhesives, Polycom and Frontier Products’ brands.

Ralph Grogan, commercial president of flooring, Meridian, adds, “I am incredibly proud of what our teams at Taylor Adhesives, Polycom and Frontier Products have built. With Avery Dennison’s backing and reach, these brands are well-positioned to continue growing and delivering even greater value to our customers.” Grogan will remain with the business.

Taylor Adhesives is one of the top suppliers of adhesives for the flooring industry offering a wide range of products specifically designed for all types of flooring.