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Milliken acquires Encapsys

 Last Update: 2021-11-01
 Source: Internet
 Author: User

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Spartanburg, South Carolina – Milliken & Company ("Millikan"), a diversified global manufacturer with more than 150 years of experience in materials science, has officially acquired Cypress Performance Materials Group ("Cypress").

Milliken President and CEO Halsey Cook said: “Promoting sustainable development requires broadening of thinking and strong cooperation

Cindy Boiter, Executive Vice President and President of Chemicals Business at Milliken added: "The uniqueness of Encapsys joining Milliken’s team is the integration of innovation, science and technology

After Encapsys is integrated into the Milliken family, its daily operations will not be affected in any way, including its relationships with existing suppliers and customers

Encapsys is headquartered in Appleton, Wisconsin and is a leader in microencapsulation technology

Mary Goggans, President of Encapsys, said: "Encapsys employees are very happy to be part of the Milliken team and welcome Milliken to Northeast Wisconsin

In this transaction, Jones Day acted as Milliken’s legal counsel, and JP Morgan Securities LLC acted as its financial advisor

Milliken is the world's leading manufacturer, focusing on materials science, aiming to use future breakthroughs to solve current problems

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Milliken & Company acquires Encapsys

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Milliken acquires Encapsys

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Milliken & Company acquires Encapsys