Milliken & Company Finalizes Acquisition of Borchers
Retrieved on:
Tuesday, January 28, 2020
Milliken & Company (Milliken), a global diversified manufacturer with more than a century and a half of materials science expertise, has formally acquired Borchers Group Limited (Borchers), a global specialty chemicals company known for its innovative high-performance coating additives and specialty catalyst solutions from The Jordan Company, L.P. (TJC).
Key Points:
- Milliken & Company (Milliken), a global diversified manufacturer with more than a century and a half of materials science expertise, has formally acquired Borchers Group Limited (Borchers), a global specialty chemicals company known for its innovative high-performance coating additives and specialty catalyst solutions from The Jordan Company, L.P. (TJC).
- View the full release here: https://www.businesswire.com/news/home/20200128005647/en/
When great teams come together, big things happen, stated Halsey Cook, Milliken & Company president and CEO on closing the deal. - As Borchers integrates into Milliken, daily operations will continue without interruption, including relationships with existing suppliers and customers.
- Moelis & Company LLC acted as financial advisor, and Mayer Brown LLP acted as legal advisor to Borchers and TJC.