Milliken: Acquisition of Borchers from The Jo...
Milliken

Acquisition of Borchers from The Jordan Company

Milliken

The manufacturer of specialty chemicals, floor covering, and performance and protective textiles Milliken & Company, Spartanburg, SC/USA, has announced that it has signed an agreement to acquire Borchers Group Ltd., Westlake, OH/USA, a global specialty chemicals company known for its innovative high-performance coating additives and specialty catalyst solutions from The Jordan Company, L.P., New York, NY/USA. The acquisition is expected to close in January 2020, subject to customary closing conditions.

Borchers carries a respected portfolio of additives for the coatings, inks and adhesives markets with a comprehensive range of cobalt-free driers, dispersants, rheology modifiers, wetting agents, polymerization catalysts and adhesion promoters. 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.
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