SPARTANBURG — October 6, 2011 — Milliken & Company today announced it has completed the
acquisition of SiVance, LLC, a privately-held provider of specialty silane, silicone and siloxane
intermediates located in Gainesville, Florida. SiVance, which will become a subsidiary of
Milliken & Company, will complement Milliken’s existing portfolio of specialty performance
chemicals. In total, approximately 150 associates are joining Milliken following the
acquisition.
“This acquisition will immediately expand our market space for the chemical division while
also building on Milliken’s commitment to innovation, technology, and sustainability,” said Joe
Salley, President & CEO of Milliken. “We are excited to have the SiVance team join the
Milliken family.”
“The acquisition of SiVance gives Milliken new technical and innovation capabilities and will
enable us to deliver additional products that bring value to customers,” said John Rekers,
President of Milliken’s chemical division. “These specialized silicone-based technologies will
expand and enhance our current offerings and market applications.”
Posted on October 10, 2011
Source: Milliken