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Corporate
MeadWestvaco to Acquire Leading Hose-End Sprayer
MeadWestvaco Corporation (NYSE: MWV) today announced that it has acquired Hayes Products, a leading manufacturer of hose-end sprayer systems. Terms of the deal were not disclosed.Hayes Products (http://www.hayesproducts.com/)is the original developer of the hose-end sprayer and manufactures other proprietary, patented, specialized and private label sprayers for customers in lawn and garden, outdoor cleaning, automotive cleaning, and industrial and janitorial markets worldwide. Hayes Products will become part of MeadWestvaco Calmar, the company’s pump and spray packaging solutions business acquired in 2006. The addition of Hayes Products to MeadWestvaco Calmar will complement the existing portfolio of Calmar’s dispensing solutions, expand the company’s position in key market segments through additional production and distribution facilities, and enhance innovative solutions offerings to customers worldwide.
“Hayes’ success is attributed to its strong management team and its focus on original design and engineering for the world’s leading brands in the lawn and garden, auto care, and cleaning solutions markets,” said John A. Luke, Jr., chairman and chief executive officer of MeadWestvaco. “This acquisition offers customers access to unrivaled production capabilities and product development expertise, ensuring MeadWestvaco continues to be the partner of choice for leading consumer products companies worldwide.”






