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Milliken & Company Agrees to Acquire Borchers from The Jordan Company

Acquisition will bolster Milliken’s capabilities in specialty coating additives.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Milliken & Company announced that it has signed an agreement to acquire Borchers Group Limited, a global specialty chemicals company known for its high-performance coating additives and specialty catalyst solutions, from The Jordan Company, L.P. (TJC). The acquisition is expected to close in January 2020, subject to customary closing conditions.

Headquartered in Westlake, OH, 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 promot-ers. The addition of Borchers – particularly its expertise in specialty coating additives – builds Milliken’s comprehensive solutions portfolio.

“Borchers brings particular technical expertise that will boost Milliken’s strengths and propel our growth,” said Halsey Cook, president and CEO of Milliken & Company.

“We look forward to taking scientific leaps forward for our customers as we com-bine the strengths of Borchers and Milliken,” added Russ Rudolph, SVP, Milliken’s Chemical Division. “Borchers expands our reach and grows our technological exper-tise, enabling us to further chemical innovation in the global specialty chemicals market.” 

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