Acquisition Milliken

Reedcapital, a private industrial holding, announced today it has signed, through RDC 15, an agreement with Milliken Group to acquire Milliken France SAS, a known provider of cord technologies for the tire and mechanical rubber goods applications in Europe. The transaction is expected to close by the end of November. .

Milliken Group’s intent is to refocus and reinforce its portfolio and market position on core strategic technologies and applications in the tire and mechanical rubber goods space within their global footprint.

Renaud Delaage, Reedcapital’s Managing Partner stated, « Milliken France’s is a business with solid fundamentals, strong market position, and a stable…