Milliken & Company, a research, design and manufacturing company for specialty chemicals, floor covering, and protective textiles, has announced that it has signed an agreement to acquire Borchers Group Limited from The Jordan Company, L.P. The acquisition is subject to customary closing conditions.
According to Milliken, the addition of Borchers—particularly its expertise in specialty coating additives—further builds Milliken’s comprehensive solutions portfolio, aligned with the company’s strategic objective to develop a global range of growth platforms.
“We are ecstatic about partnering with Milliken to further invest in our business, build out our global platform and continue providing innovative and satisfying solutions to our customers. Combining our capabilities and approach with the depth of Milliken’s technology and innovation will allow us to provide exemplary solutions to the markets we serve. I want to thank the TJC team for their guidance and strong partnership,” said Devlin Riley, president & CEO of Borchers.
The post Milliken & Company to Acquire Borchers from The Jordan Company appeared first on American Coatings Association.
from American Coatings Association https://www.paint.org/milliken-company-to-acquire-borchers-from-the-jordan-company/
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