Michelin Acquires Cooley Group

January 22, 2026

Michelin has completed the acquisition of Cooley Group, a Rhode Island–headquartered designer and manufacturer of high-performance polymer coated fabrics, for an undisclosed sum financed from available cash. Cooley, which has about 300 employees, four North American factories and reported $168 million in 2025 revenue, will expand Michelin's capabilities in industrial coated fabrics and complementary geographies.

Buyers
Michelin
Targets
Cooley Group
Industry
Manufacturing
Location
Rhode Island, United States
Transaction Type
Buyout

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