News Geplaatst op 02 Dec 2022

M+A To Acquire Milliken's North American and European Mat Businesses


LaGrange, Georgia (December 2, 2022) – M+A Matting, LLC, a renowned leader in commercial floor mat manufacturing worldwide, has entered into an agreement to acquire the protective matting businesses in North America and Europe from Milliken & Company. Consequently, Milliken's Middleton manufacturing facility in the United Kingdom, along with specific assets in the United States, will transition to M+A Matting. The sale is anticipated to conclude by the end of December, and by January 2023, M+A Matting will assume full operation of the protective matting business unit.

"Milliken has a rich history of serving the matting industry. They are an organization guided by values, renowned for innovation, sustainability, and operational excellence," stated Tyler Fowler, CEO of Mountville Mills, Inc., the parent company of M+A Matting, LLC. "Pooling the knowledge and expertise of both companies will generate substantial value for our customers."

"Divesting the mats business enables Milliken to align more effectively with our long-term floor covering business strategy," remarked Halsey Cook, President and CEO of Milliken & Company. "We are confident that M+A Matting will offer focused expertise, enabling the mats business to continue thriving.