Milliken & Company Acquires Borchers to Strengthen Coating Portfolio

Milliken & Company (“Milliken”) – a global diversified manufacturer recently announced that it has signed an agreement to acquire Borchers Group Limited (“Borchers”). This company is a global specialty chemicals supplier that is known for its innovative high-performance coating additives and specialty catalyst solutions. The company is part of the The Jordan Company, L.P. (“TJC”) and the acquisition is expected to close in January 2020. For Milliken it is an attractive opportunity to boost its competence in specialty coating additives.

Ohio-based Borchers carries a renowned portfolio of additives for the coatings, inks and adhesives markets. The portfolio contains a comprehensive range of cobalt-free driers, dispersants, rheology modifiers, wetting agents, polymerization catalysts and adhesion promoters. By adding Borchers—particularly its expertise in specialty coating additives— Milliken will no doubt further build its comprehensive solutions portfolio. Apart from that, it will have a positive effect on the  strategic objective to develop a global range of growth platforms.

Russ Rudolph, senior vice president at the company’s Chemical Division states: “We look forward to taking scientific leaps forward for our customers as we combine the strengths of Borchers and Milliken. Borchers expands our reach and grows our technological expertise, enabling us to further chemical innovation in the global specialty chemicals market.”