Milliken & Company Acquires Andover Healthcare, Broadens Healthcare Offering

Today, Milliken & Company, a global innovation company with more than a
century of performance and protective textile, specialty chemical and
floor covering expertise, announces the acquisition of Andover
Healthcare, a leading manufacturer of cohesive bandages and compression
systems spanning healthcare, animal health and sports medicine markets.
Joining Milliken Healthcare Products, LLC, Milliken & Company’s
dedicated healthcare business, the acquisition strategically aligns two
respected brands in patient care, bringing streamlined, comprehensive
and innovative solutions to healthcare providers.

Milliken and Andover Healthcare share a commitment to making a positive
impact on the world with high quality, innovative and patient-driven
products.

“Andover Healthcare is a natural fit for Milliken. We are equally
committed to improving the patient healing experience through innovative
solutions, and our shared focus on ethics and integrity unites us
culturally,” commented Halsey Cook, Milliken & Company president and
CEO. “Our combined expertise and common drive to create innovative
solutions invite us to set the bar for comprehensive patient care that
helps create a healthier future.”

Headquartered in Portsmouth, New Hampshire, family-owned Andover
Healthcare has been manufacturing healthcare solutions since 1976. The
company is responsible for many notable developments in healthcare
products, including a latex-free bandage and cohesive bandages with
controlled compression. Its portfolio complements Milliken Healthcare’s
offering of award-winning Active Fluid Management dressings for wound
and burn care.

“Joining Milliken is the right progression for Andover Healthcare to
usher in its next level of growth,” shared Andover Healthcare founder
and CEO, Tom Murphy. “We look forward to serving our customers at a
greater capacity with the research, design and manufacturing
capabilities as well as trusted brand recognition that Milliken brings.”

About Milliken

Milliken has been solving everyday problems with innovative solutions
for more than 150 years. Our research, design and manufacturing
expertise reaches across a breadth of disciplines including specialty
chemicals, floor covering, and performance and protective textiles. An
unwavering commitment to ethics guides our work to redefine how we add
strength and protection to products, how we infuse vibrancy and color
into our surroundings, and how we care for the environment. For us,
success is when discoveries made within Milliken help us all have more
meaningful connections with the world. Discover Milliken at www.milliken.com,
and join us on Facebook,
Instagram,
LinkedIn and Twitter.

About Milliken Healthcare Products, LLC

Milliken Healthcare Products, LLC brings innovative textiles to the
healthcare market with the purpose to create a healthier future. Setting
a high bar of excellence, its award-winning solutions redefine how
textiles can function to improve the patient healing experience for
wound and burn care through solutions that increase efficiency, reduce
waste and improve cost. Milliken Healthcare Products, LLC is a
subsidiary of Milliken & Company, a global manufacturer with expertise
spanning specialty chemicals, floor covering, and performance and
protective textiles, and leans on the company’s 153-year legacy of trust
and innovation. Discover more at healthcare.milliken.com.

About Andover Healthcare

Since 1976, Andover Healthcare has strived to produce high quality
products that fill a need for customers. From its roots as a
manufacturer of sports medicine tape to its focus today on
break-through, innovative products, Andover Healthcare medical tape,
cohesive and wound bandages fill a gap in the healthcare, animal health
and sports medicine industries. Andover Healthcare has been there to
produce high quality, made in the USA products that improve the lives of
its customers. Learn more at andoverhealthcare.com.

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