Milliken Aims to Bolster Specialty Coating Additives Capabilities with Acquisition of Borchers
Headquartered in Westlake, Ohio, Borchers carries a portfolio of additives for the coatings, inks, and adhesives markets.
Milliken & Co. recently announced that it has signed an agreement to acquire Borchers Group Ltd. from The Jordan Company, L.P. (TJC). The acquisition is expected to close in January 2020, subject to customary closing conditions.
Headquartered in Westlake, Ohio, Borchers carries a portfolio of additives for the coatings, inks, and adhesives markets with a range of cobalt-free driers, dispersants, rheology modifiers, wetting agents, polymerization catalysts, and adhesion promoters. According to Milliken, the addition of Borchers—particularly its expertise in specialty coating additives—further builds its comprehensive solutions portfolio, aligned with the company’s strategic objective to develop a global range of growth platforms.