AAPN member Milliken Acquires Polartec

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One stop on the 2019 AAPN CAROLINA MILL TOUR was Milliken. We were simply blown away by their patents and innovations. BUT, they are still a company that has to think big. Clearly they are with this announcement. Amazing really.

Milliken acquires Polartec
Brand bolster company’s performance textiles capabilities
eTextileCommunications: Posted June 12, 2019

SPARTANBURG, S.C. – Milliken & Company, a global diversified manufacturer with more than a century and a half of textile expertise, announced that it signed a definitive agreement to acquire Polartec, LLC, a strong global brand known for its innovative performance textiles for outdoor and military apparel, from Versa Capital Management, LLC.

The acquisition is expected to close this month. Financial terms of the transaction were not disclosed. Read More