Issue 3, 2020 - Milliken acquires Borchers Group

Milliken Acquires Borchers Group Milliken announced that it has signed an agreement to acquire Borchers Group

from Jordanian companies.
As is customary, the acquisition is expected to close
in January 2020.

Borchers, headquartered in Westlake, Ohio, has a portfolio of additives for the coatings, inks and adhesives markets, including cobalt-free desiccants, dispersants, rheology modifiers, humectants, polymerization catalysts and adhesion promoters
.
The addition of Borchers, particularly its expertise in specialty coating additives, further strengthens Milliken's comprehensive solutions portfolio and aligns with the company's strategic goal
of developing a global growth platform.
"
Halsey Cook, President and CEO of Milliken, said, "Accelerating our commitment to
innovation and sustainability is accelerating by acquiring a company that aligns with our values.
Borchers brings exceptional technical expertise that will enhance Milliken's strength and drive our growth
.
”