Private company

Diversey Holdings, Ltd.

Specialty cleaning company in the Cayman Islands1

In its 2023 annual report the company says: “We are the leading global pure play provider to the approximately $46 billion cleaning and hygiene industry for the Institutional and Food & Beverage markets, where we hold the first or second position in the key markets in which we operate. We are also one of only two large, global players able to serve global strategic accounts. We consider our scale to be a distinct competitive advantage given the fragmentation of our industry, and our customer relationships are deep and longstanding, resulting in highly recurring revenue streams.”42 It is headquartered in Fort Mill, South Carolina.1

Last updated Oct 20, 2026.

Overview

  • IndustrySpecialty Cleaning, Polishing and Sanitation Preparations1
  • HeadquartersFort Mill, South Carolina1
  • Incorporated inCayman Islands2
  • Business address1300 Altura Road, Suite 125, Fort Mill, Sc 297082
  • Filer categoryAccelerated filer2

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2022

32.0%Gross margin3
-4.1%Operating margin3
-6.2%Net margin3
5.5%Revenue growth, 20223
-25.2%Return on equity3
2.93×Debt to equity3
-$25.9MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2022

  • Cost of revenue66¢$1.9B
  • Research and development1¢$27.9M
  • Selling, general and admin28¢$797.6M
  • Interest4¢$112.0M
  • Income tax1¢$16.2M

Out of $2.7B in revenue.3 The company lost money this year.

Where each dollar of operating cash went, fiscal 2022

  • Capital spending100¢$59.6M

Out of $33.7M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3

Financial statements

Revenue43$2.7B in 2022+6% since 2019
0$1.0B$2.0B$3.0B2019: $2.6B$2.6B20192020: $2.6B$2.6B2020+0%2021: $2.6B$2.6B2021−0%2022: $2.7B$2.7B2022+5%
Gross profit43$875.8M in 2022−21% since 2019
0$500.0M$1.0B$1.5B2019: $1.1B$1.1B20192020: $1.1B$1.1B2020−3%2021: $1.0B$1.0B2021−5%2022: $875.8M$875.8M2022−14%
Operating income43-$112.0M in 2022
-$150.0M-$100.0M-$50.0M0$50.0M$100.0M2019: $69.1M$69.1M20192020: $59.3M$59.3M2020−14%2021: -$9.8M-$9.8M20212022: -$112.0M-$112.0M2022+1043%
Net income43-$169.3M in 2022+55% since 2019
-$200.0M-$150.0M-$100.0M-$50.0M02019: -$109.0M-$109.0M20192020: -$38.5M-$38.5M2020−65%2021: -$174.8M-$174.8M2021+354%2022: -$169.3M-$169.3M2022−3%
Fiscal year20182019202020212022
Revenue$2.6B4$2.6B3$2.6B3$2.7B3
Cost of revenue$1.5B4$1.6B3$1.6B3$1.9B3
Gross profit$1.1B4$1.1B3$1.0B3$875.8M3
Research and development$41.2M4$32.2M3$33.4M3$27.9M3
Selling, general and admin$858.6M4$835.7M3$826.8M3$797.6M3
Operating income$69.1M4$59.3M3-$9.8M3-$112.0M3
Interest$141.0M4$127.7M3$126.3M3$112.0M3
Income before tax-$149.5M3-$185.5M3
Income tax$32.7M4$9.2M3$25.3M3-$16.2M3
Net income-$109.0M4-$38.5M3-$174.8M3-$169.3M3
Earnings per share-$0.454-$0.163-$0.603-$0.533
Earnings per share (diluted)-$0.454-$0.163-$0.603-$0.533
Shares (weighted, basic)290.4M shares3320.2M shares3
Shares (weighted, diluted)290.4M shares3320.2M shares3

Compare Diversey Holdings, Ltd. with another company

Corporate structure

Diversey Holdings, Ltd. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Diversey Holdings, Ltd.

  • BCPE Diamond Investor, LP Filed SC 13G on Diversey Holdings, Ltd., latest Feb 14, 2022
  • Diversey Holdings, Ltd. Fort Mill, South Carolina

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Diversey Holdings, Ltd. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$357.2M3 Dec 31, 2022$293.1M3 Dec 31, 2021+21.9%
Accumulated depreciation$103.1M3 Dec 31, 2022$82.4M3 Dec 31, 2021+25.1%
Property and equipment, net$254.1M3 Dec 31, 2022$210.7M3 Dec 31, 2021+20.6%
Finance-lease assets$11.4M3 Dec 31, 2022$4.3M3 Dec 31, 2021+165.1%
Operating-lease assets (leased space)$82.3M3 Dec 31, 2022$94.6M3 Dec 31, 2021−13.0%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$205.6M3 Dec 31, 2022$207.6M3 Dec 31, 2021−1.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$462.8M3 Dec 31, 2022$471.5M3 Dec 31, 2021−1.8%
Intangible assets, net (excluding goodwill)$2.0B3 Dec 31, 2022$2.1B3 Dec 31, 2021−7.6%
Finite-lived intangibles, gross$1.6B3 Dec 31, 2022$1.7B3 Dec 31, 2021−3.2%
Accumulated amortization$479.8M3 Dec 31, 2022$408.0M3 Dec 31, 2021+17.6%
Finite-lived intangibles, net$1.2B3 Dec 31, 2022$1.3B3 Dec 31, 2021−9.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$354.6M3 Dec 31, 2022$337.6M3 Dec 31, 2021+5.0%
Raw materials$71.1M3 Dec 31, 2022$74.2M3 Dec 31, 2021−4.2%
Work in process$3.9M3 Dec 31, 2022$2.8M3 Dec 31, 2021+39.3%
Finished goods$279.6M3 Dec 31, 2022$260.6M3 Dec 31, 2021+7.3%

Leadership

Who has led Diversey Holdings, Ltd., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Philip Robert Wieland2021–2023

President

  1. Paul Richard Budsworth2021–2022
  2. Sinead Mary Kwant2021–2023
  3. Somer Gundogdu2021–2023

Chief financial officer

  1. Philip T. Herndon2021–2023
2025
Board members and other officers (13)

Timeline

  1. Jul 5, 20238-K Entered a material agreement; Ended a material agreement; Completed an acquisition or sale25
  2. Jun 14, 20238-K Other events26
  3. Jun 8, 20238-K Shareholder vote27
  4. May 30, 20238-K Other events28
  5. May 4, 20238-K Results of operations29
  6. Mar 17, 20238-K Results of operations30
  7. Mar 8, 20238-K Entered a material agreement; Ended a material agreement; Other events31
  8. Mar 8, 20238-K Other events32
  9. Nov 3, 20228-K Results of operations33
  10. Nov 1, 20228-K Executive or director change34
  11. Aug 4, 20228-K Results of operations35
  12. Jun 8, 20228-K Executive or director change36
  13. Mar 25, 2021New chief executive Philip Robert Wieland becomes CEO8

Calendar

When it reported results

  1. May 4, 2023Reported quarterly or annual results29
  2. Mar 17, 2023Reported quarterly or annual results30
  3. Nov 3, 2022Reported quarterly or annual results33
  4. Aug 4, 2022Reported quarterly or annual results35
  5. May 10, 2022Reported quarterly or annual results37
  6. Mar 9, 2022Reported quarterly or annual results38
  7. Nov 5, 2021Reported quarterly or annual results39

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

105 filings to the SEC since October 2021: 3 annual reports, 5 quarterly reports, 21 major events, 42 insider forms, 1 large holders, 33 other. The latest 20:

  1. Jul 17, 202315-12G EDGAR
  2. Jul 6, 20234 OWNERSHIP DOCUMENT EDGAR
  3. Jul 6, 20234 OWNERSHIP DOCUMENT EDGAR
  4. Jul 6, 20234 OWNERSHIP DOCUMENT EDGAR
  5. Jul 6, 20234 OWNERSHIP DOCUMENT EDGAR
  6. Jul 6, 20234 OWNERSHIP DOCUMENT EDGAR
  7. Jul 6, 20234 OWNERSHIP DOCUMENT EDGAR
  8. Jul 6, 20234 OWNERSHIP DOCUMENT EDGAR
  9. Jul 6, 20234 OWNERSHIP DOCUMENT EDGAR
  10. Jul 6, 20234 OWNERSHIP DOCUMENT EDGAR
  11. Jul 6, 20234 OWNERSHIP DOCUMENT EDGAR
  12. Jul 6, 20234 OWNERSHIP DOCUMENT EDGAR
  13. Jul 6, 20234 OWNERSHIP DOCUMENT EDGAR
  14. Jul 6, 20234 FORM 4 SUBMISSION EDGAR
  15. Jul 6, 20234 FORM 4 SUBMISSION EDGAR
  16. Jul 6, 20234 FORM 4 SUBMISSION EDGAR
  17. Jul 5, 2023SC 13E3/A EDGAR
  18. Jul 5, 2023S-8 POS EDGAR
  19. Jul 5, 20238-K EDGAR
  20. Jun 14, 20238-K EDGAR

The 105 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

1 open-market trades by officers, directors and large owners since October 2021: 1 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 13, 2022FOSS ERIC JDirectorBuy121,210$8.67$1.1MForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How Diversey Holdings, Ltd. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARDiversey Holdings, Ltd.1
  • CIK0001831617
  • Filer statusAccelerated filer1
  • Incorporated inCayman Islands1
  • Fiscal year endsDecember 311
  • Industry code (SIC)2842 Specialty Cleaning, Polishing and Sanitation Preparations1
  • Business address1300 Altura Road, Suite 125, Fort Mill, SC 297081
  • Phone(803) 746-22001
  • Shares outstanding324,579,219 as of Apr 30, 20237
  • Public float$437.4M as of Jun 30, 202241
  • On EDGAR sinceNov 12, 20201
  • Filings161 in all: 4 (50), 8-K (25), 3 (20), DEFA14A (9), 10-Q (7), CORRESP (6), SC 13E3/A (4), UPLOAD (4)1
    All 34 form types

    EFFECT (3), 10-K (2), 424B4 (2), DFAN14A (2), DRS (2), DRS/A (2), DRSLTR (2), S-1 (2), S-1/A (2), 10-K/A (1), 15-12G (1), 25-NSE (1), 8-A12B (1), 8-K/A (1), CERT (1), DEF 14A (1), DEFM14A (1), FWP (1), NT 10-K (1), POS AM (1), PREM14A (1), PRER14A (1), S-8 (1), S-8 POS (1), SC 13E3 (1), SC 13G (1)

  • Latest filingsAnnual report (10-K) Mar 17, 2023
    Quarterly report (10-Q) May 4, 2023
    Proxy statement (DEF 14A) Mar 23, 2022
    Latest 8-K (8-K) Jul 5, 2023

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
    SEC EDGAROther events
  27. 27
  28. 28
    SEC EDGAROther events
  29. 29
  30. 30
  31. 31
  32. 32
    SEC EDGAROther events
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42