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

by lglass
Fri, Dec 2nd 2022 08:00 am

LaGrange, Georgia (December 2, 2022) – M+A Matting, LLC, a global leader in commercial floor mat manufacturing, has entered into an agreement to acquire the North American and European protective matting businesses from Milliken & Company. This will result in Milliken’s Middleton manufacturing facility in the United Kingdom, along with certain assets in the United States, transitioning to M+A Matting. The sale is expected to close by the end of December, and by January 2023, M+A Matting will fully operate the protective matting business unit.

“Milliken has a long history of serving the matting industry. They are a values-led organization with a strong reputation for innovation, sustainability and operational excellence,” said Tyler Fowler, CEO of Mountville Mills, Inc., the parent company of M+A Matting, LLC. “Combining the knowledge and expertise of the two companies will create tremendous value for our customers.”

“Divesting the mats business allows Milliken to better adhere to our long-term floor covering business strategy,” said Milliken & Company president and CEO, Halsey Cook. “We feel confident M+A Matting will provide focused expertise that will enable the mats business to continue to thrive.”  

 

About M+A Matting

A subsidiary of Mountville Mills, Inc., M+A Matting is internationally recognized as a leading manufacturer of commercial, residential, and promotional floor mats.  The company’s global footprint includes three mat manufacturing facilities and two rubber manufacturing facilities in Georgia, as well as two manufacturing facilities in Belgium and Caerphilly, United Kingdom.  To learn more about M+A Matting, please visit www.mamatting.com.  To see Mountville’s full portfolio of companies, visit www.mountville.com.    

About Milliken

Milliken & Company is a global manufacturing leader whose focus on materials science delivers tomorrow’s breakthroughs today. From industry-leading molecules to sustainable innovations, Milliken creates products that enhance people’s lives and deliver solutions for its customers and communities. Drawing on thousands of patents and a portfolio with applications across the textile, flooring, chemical and healthcare businesses, the company harnesses a shared sense of integrity and excellence to positively impact the world for generations. Discover more about Milliken’s curious minds and inspired solutions at milliken.com.