Milliken & Company formally acquires Borchers Group Limited, a global specialty chemicals company known for coating additives and specialty catalyst offerings from The Jordan Company, L.P. The transaction officially closed on Tuesday, January 28, 2020. As Borchers integrates into Milliken, daily operations will continue without interruption, including relationships with existing suppliers and customers, according to the company.
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.
Jones Day represented Milliken in the transaction. Moelis & Company LLC acted as financial advisor, and Mayer Brown LLP acted as legal advisor to Borchers and TJC.
For more information, visit: www.milliken.com
