secwatch / observer
8-K filed July 5, 2023, 7:59 PM ET CIK 0001831617
M&A confidence high sentiment neutral materiality 1.00

Diversey Holdings, Ltd.: M&A transaction — Solenis completes $4.6B acquisition of Diversey; shareholders receive $8.40/share

Diversey Holdings, Ltd.

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Somer Gundogdu

Other Named Officer
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Philip Wieland, Somer Gundogdu, Todd Herndon, Sinéad Kwant, Gaetano Redaelli, Rudolf Verheul and each of the other incumbent officers of the Company immediately prior to the Effective Time each resigned from their respective positions as officers of the Company
Departed

Emily Ashworth

Director
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
Departed

Eric Foss

Director
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
Departed

Philip Wieland

Other Named Officer
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Philip Wieland, Somer Gundogdu, Todd Herndon, Sinéad Kwant, Gaetano Redaelli, Rudolf Verheul and each of the other incumbent officers of the Company immediately prior to the Effective Time each resigned from their respective positions as officers of the Company
Departed

Robert Farkas

Director
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
Departed

Rodney Hochman, M.D.

Director
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
Departed

Susan Levine

Director
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
Departed

Selim Bassoul

Director
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
Departed

Todd Herndon

Other Named Officer
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Philip Wieland, Somer Gundogdu, Todd Herndon, Sinéad Kwant, Gaetano Redaelli, Rudolf Verheul and each of the other incumbent officers of the Company immediately prior to the Effective Time each resigned from their respective positions as officers of the Company
Departed

Katherine Zanotti

Director
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
Departed

Philip Wieland

Director
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
Departed

Sinéad Kwant

Other Named Officer
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Philip Wieland, Somer Gundogdu, Todd Herndon, Sinéad Kwant, Gaetano Redaelli, Rudolf Verheul and each of the other incumbent officers of the Company immediately prior to the Effective Time each resigned from their respective positions as officers of the Company
Departed

Kenneth Hanau

Director
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
Departed

Gaetano Redaelli

Other Named Officer
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Philip Wieland, Somer Gundogdu, Todd Herndon, Sinéad Kwant, Gaetano Redaelli, Rudolf Verheul and each of the other incumbent officers of the Company immediately prior to the Effective Time each resigned from their respective positions as officers of the Company
Departed

Rudolf Verheul

Other Named Officer
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Philip Wieland, Somer Gundogdu, Todd Herndon, Sinéad Kwant, Gaetano Redaelli, Rudolf Verheul and each of the other incumbent officers of the Company immediately prior to the Effective Time each resigned from their respective positions as officers of the Company
Departed

Michel Plantevin

Director
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
Departed

Juan Figuereo

Director
Diversey Holdings, Ltd.
Effective
2023-07-05
Filed
July 5, 2023, 7:59 PM ET
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Somer Gundogdu resigned as other_named_officer at Diversey Holdings, Ltd..

Action
resigned
Exact text from the filing
Philip Wieland, Somer Gundogdu, Todd Herndon, Sinéad Kwant, Gaetano Redaelli, Rudolf Verheul and each of the other incumbent officers of the Company immediately prior to the Effective Time each resigned from their respective positions as officers of the Company
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Emily Ashworth resigned as Director at Diversey Holdings, Ltd..

Action
resigned
Role
Director
Exact text from the filing
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Eric Foss resigned as Director at Diversey Holdings, Ltd..

Action
resigned
Role
Director
Exact text from the filing
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Philip Wieland resigned as other_named_officer at Diversey Holdings, Ltd..

Action
resigned
Exact text from the filing
Philip Wieland, Somer Gundogdu, Todd Herndon, Sinéad Kwant, Gaetano Redaelli, Rudolf Verheul and each of the other incumbent officers of the Company immediately prior to the Effective Time each resigned from their respective positions as officers of the Company
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Farkas resigned as Director at Diversey Holdings, Ltd..

Action
resigned
Role
Director
Exact text from the filing
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Rodney Hochman, M.D. resigned as Director at Diversey Holdings, Ltd..

Action
resigned
Role
Director
Exact text from the filing
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Susan Levine resigned as Director at Diversey Holdings, Ltd..

Action
resigned
Role
Director
Exact text from the filing
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Selim Bassoul resigned as Director at Diversey Holdings, Ltd..

Action
resigned
Role
Director
Exact text from the filing
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Todd Herndon resigned as other_named_officer at Diversey Holdings, Ltd..

Action
resigned
Exact text from the filing
Philip Wieland, Somer Gundogdu, Todd Herndon, Sinéad Kwant, Gaetano Redaelli, Rudolf Verheul and each of the other incumbent officers of the Company immediately prior to the Effective Time each resigned from their respective positions as officers of the Company
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Katherine Zanotti resigned as Director at Diversey Holdings, Ltd..

Action
resigned
Role
Director
Exact text from the filing
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Philip Wieland resigned as Director at Diversey Holdings, Ltd..

Action
resigned
Role
Director
Exact text from the filing
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Sinéad Kwant resigned as other_named_officer at Diversey Holdings, Ltd..

Action
resigned
Exact text from the filing
Philip Wieland, Somer Gundogdu, Todd Herndon, Sinéad Kwant, Gaetano Redaelli, Rudolf Verheul and each of the other incumbent officers of the Company immediately prior to the Effective Time each resigned from their respective positions as officers of the Company
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth Hanau resigned as Director at Diversey Holdings, Ltd..

Action
resigned
Role
Director
Exact text from the filing
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Gaetano Redaelli resigned as other_named_officer at Diversey Holdings, Ltd..

Action
resigned
Exact text from the filing
Philip Wieland, Somer Gundogdu, Todd Herndon, Sinéad Kwant, Gaetano Redaelli, Rudolf Verheul and each of the other incumbent officers of the Company immediately prior to the Effective Time each resigned from their respective positions as officers of the Company
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Rudolf Verheul resigned as other_named_officer at Diversey Holdings, Ltd..

Action
resigned
Exact text from the filing
Philip Wieland, Somer Gundogdu, Todd Herndon, Sinéad Kwant, Gaetano Redaelli, Rudolf Verheul and each of the other incumbent officers of the Company immediately prior to the Effective Time each resigned from their respective positions as officers of the Company
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Michel Plantevin resigned as Director at Diversey Holdings, Ltd..

Action
resigned
Role
Director
Exact text from the filing
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Juan Figuereo resigned as Director at Diversey Holdings, Ltd..

Action
resigned
Role
Director
Exact text from the filing
Emily Ashworth, Selim Bassoul, Robert Farkas, Juan Figuereo, Eric Foss, Kenneth Hanau, Rodney Hochman, M.D., Susan Levine, Michel Plantevin, Philip Wieland and Katherine Zanotti each resigned from the Company’s Board of Directors (the “ Board ”) and from any and all committees of the Board on which they served
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Diversey Holdings, Ltd.: The company's memorandum and articles of association were amended and restated in connection with the merger.

Change
charter amendment
Exact text from the filing
Pursuant to the Merger Agreement, at the Effective Time, the Amended and Restated Memorandum and Articles of Association of the Company were amended and restated to be in the form of the Amended and Restated Memorandum and Articles of Association of the Company attached as Exhibit 3.1 hereto, which is incorporated herein by reference.
View on SEC.gov
M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Diversey Holdings, Ltd. underwent a change of control involving Olympus Water Holdings IV, L.P. for $8.40 per Ordinary Share in cash (closed 2023-07-05).

Action
change of control
Counterparty
Olympus Water Holdings IV, L.P.
Consideration
$8.40 per Ordinary Share in cash
Closing
2023-07-05
Exact text from the filing
held by the Bain Shareholder, that are not Rollover Shares (the “ Bain Shares ”)) was automatically cancelled and exchanged into the right to receive cash in an amount equal to $8.40 per Ordinary Share, without interest thereon and subject to applicable withholding taxes (the “ Merger Consideration ”). At the Effective Time, each Excluded Company Share was
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Diversey Holdings, Ltd. terminated Credit Agreement with BCPE Diamond Netherlands Topco B.V., the Issuer, the lenders and Credit Suisse AG, Cayman Islands Branch, as administrative agent, collateral agent, lender and letter of credit issuer (effective 2023-07-05).

Action
termination
Agreement
credit facility
Counterparty
BCPE Diamond Netherlands Topco B.V., the Issuer, the lenders and Credit Suisse AG, Cayman Islands Branch, as administrative agent, collateral agent, lender and letter of credit issuer
Effective
2023-07-05
Exact text from the filing
Concurrently with the closing of the Merger, the Company repaid all obligations outstanding under, and concurrently terminated, the credit agreement, dated as of September 6, 2017 (as amended through that certain Third Amendment, dated as of September 29, 2021, and as further amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “ Credit Agreement ”), by and among BCPE Diamond Netherlands Topco B.V., a private limited liability company incorporated under laws of the Netherlands, the Issuer, the lenders from time to time party thereto and Credit Suisse AG, Cayman Islands Branch, as the administrative agent, the collateral agent, a lender and a letter of credit issuer.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Diversey Holdings, Ltd. terminated Indenture with Wilmington Trust, National Association, as trustee (effective 2023-07-05).

Action
termination
Agreement
notes offering
Counterparty
Wilmington Trust, National Association, as trustee
Effective
2023-07-05
Exact text from the filing
of this Current Report on Form 8-K is incorporated by reference into this Item 1.02. Redemption of Notes In connection with the consummation of the transactions contemplated by the Merger Agreement, on July 5, 2023, Diamond (BC) B.V. (the “ Issuer ”), a private limited liability company incorporated under the laws of the Netherlands and an indirect wholly owned subsidiary of the Company, redeemed all of the Issuer’s outstanding 4.625% Senior Notes due 2029 (the “ Notes ”) issued pursuant to the Indenture dated as of September 29, 2021 (as supplemented and amended from time to time, the “ Indenture ”), by and among the Issuer, the guarantors party thereto and Wilmington Trust, National Association, as trustee (the “ Trustee ”).
View on SEC.gov

Browse all governance changes →

Source: SEC EDGAR
accession 0001104659-23-078137
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.