Avery Dennison Corporation has completed its purchase of the U.S.-based flooring adhesives business from Meridian Adhesives Group for $390 million. The acquired business, which includes the Taylor Adhesives, Polycom, and Frontier Products brands, will now operate as Taylor Adhesives, an Avery Dennison Company, within the Avery Dennison Materials Group business. The transaction expands Avery Dennison's presence in the specialty adhesives and coatings market for the U.S. flooring industry.
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