BORCHERS GROUP LIMITED

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.

Milliken & Company Announces Intent to Acquire Borchers from The Jordan Company

Retrieved on: 
Monday, January 13, 2020

Milliken & Company (Milliken), a global diversified manufacturer with more than a century and a half of materials science expertise, announced that it has signed an agreement to acquire 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, announced that it has signed an agreement to acquire 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).
  • Im thrilled to accelerate our commitment to innovation and sustainability with the acquisition of a company so aligned with our values, shared Halsey Cook, president and CEO of Milliken & Company.
  • Erik Fagan, a partner at TJC, added, Devlin and the Borchers team have guided the company through a period of strong organic and acquisition growth.
  • Moelis & Company LLC acted as financial advisor, and Mayer Brown LLP acted as legal advisor to Borchers and TJC.