Operating Company Manufacturing

Milliken

Spartanburg, South Carolina, United States

Global manufacturing leader in materials science and specialty materials. Creates products across specialty chemicals, floor coverings, performance materials and technical textiles, with an emphasis on sustainable innovation.

Focus Areas
Specialty Chemicals, Floor Coverings, Technical Textiles

Tracked deals

5

5 tracked deals across 2015-2025.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

4 buyout · 1 growth capital

Milliken Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for Milliken. 1 2019 1 2020 1 2021 1 2025

Supporting Data

Recent Transactions

  • Buyer
    Cambridge Companies SPG, Eni Next, Milliken & Company, KIRKBI Climate, Convent Capital, SWEN Capital Partners' Blue Ocean Fund, MBX Capital, IDO Investments (Oman Investment Authority)
    Target
    Tidal Vision
    Industry
    Biotechnology

    Tidal Vision raised an oversubscribed $140 million Series B led by Cambridge Companies SPG with participation from Eni Next, Milliken & Company, KIRKBI Climate, Convent Capital, SWEN Capital Partners' Blue Ocean Fund, MBX Capital, IDO Investments (Oman Investment Authority) and others. The growth equity will fund expanded commercial-scale production, new facilities in Europe and the U.S. (Texas and Ohio), and accelerated R&D to scale chitosan-based biomolecular solutions for water treatment, agriculture, and materials markets globally.

  • Buyer
    Milliken & Company
    Target
    Encapsys, LLC
    Seller
    The Cypress Performance Group LLC
    Industry
    Manufacturing
    Type
    Buyout

    Milliken & Company acquired Encapsys, LLC from The Cypress Performance Group LLC; the transaction closed on October 18, 2021. Encapsys is a leader in microencapsulation technology headquartered in Appleton, Wisconsin, and the acquisition expands Milliken's specialty chemicals and materials science capabilities to accelerate sustainable solutions for multiple end markets.

  • Buyer
    Milliken & Company
    Target
    Borchers Group Limited
    Seller
    The Jordan Company, L.P.
    Industry
    Manufacturing
    Type
    Buyout

    Milliken & Company acquired Borchers Group Limited, a global specialty chemicals provider of coating additives and catalyst solutions, from private equity firm The Jordan Company. The transaction closed on January 28, 2020 and will expand Milliken's specialty chemicals and coatings capabilities while preserving Borchers' ongoing operations and customer relationships.

  • Buyer
    Milliken & Company
    Target
    Polartec, LLC
    Seller
    Versa Capital Management, LLC
    Industry
    Manufacturing
    Type
    Buyout

    Milliken & Company signed a definitive agreement to acquire Polartec, LLC from Versa Capital Management; the transaction is expected to close in June and financial terms were not disclosed. The acquisition brings Polartec's performance textile portfolio — including outdoor, fleece, workwear and military-grade fabrics — into Milliken's manufacturing platform to expand its product capabilities and regional manufacturing reach.

  • Buyer
    Milliken & Company
    Target
    Springfield LLC
    Seller
    Springfield family owners (unnamed)
    Industry
    Manufacturing
    Type
    Buyout

    Milliken & Company has acquired Springfield LLC, a family-owned U.S. manufacturer of technical, performance and flame-resistant fabrics headquartered in Jericho, New York. The acquisition expands Milliken's capabilities and product portfolio for industrial workwear, fire service and military markets and adds Springfield's manufacturing sites in South Carolina and technical expertise.

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