Spartanburg, SC (PRWEB) September 02, 2015
Today, Milliken & Company announced its acquisition, through its subsidiary Milliken (Australia) Pty Ltd, of the assets of Ontera Modular Carpets Pty Ltd, a subsidiary of Cavalier Corporation Limited. Based in Australia, Ontera is a leader in the design and manufacture of commercial modular carpet, currently providing Milliken-branded products as part of its offering.
This acquisition is the latest initiative in Milliken’s focus on global growth within its floor covering division, as the company formally enters a new region noted for great market potential.
“Ontera and Milliken share a long history,” said Joe Salley, president and CEO, Milliken & Company. “Our partnership succeeds because of similar unwavering commitments to quality, innovation and environmental stewardship. This acquisition is a natural progression of our relationship.”
Founded in 1985, Ontera is headquartered and has operations in Northmead, Sydney. The company has licensed Milliken technology for more than 30 years.
“The addition of Ontera, a well-respected brand, to the Milliken portfolio strategically positions us to enhance our customer base and customer service in Australia and New Zealand,” shared Jim McCallum, president of Milliken’s floor covering division. “We are excited about the potential that our combined technological capabilities and market insights will bring.”
“At Ontera, we have long been impressed with Milliken’s technological capabilities, innovative designs and clear commitment to sustainability,” said Ontera CEO Dean Harriott. “It’s exciting to be part of this world-class company. Our customers will benefit from Milliken’s global product development capabilities, technologies and insights accrued during its 150-year legacy.”
About Milliken’s global floor covering division – Milliken has a rich history of delivering innovative flooring solutions from its award-winning global design studios, research center and manufacturing facilities. Milliken’s progressive and purposeful flooring products offer great design solutions built from unique insights and an exceptional array of technical capabilities. Visit us at any of our product showrooms around the world and see what inspires our community of innovators. Or, learn more about Milliken floor covering at http://www.millikencarpet.com, on Twitter at http://www.twitter.com/millikencarpet, on Facebook at http://www.facebook.com/millikencarpet, on Pinterest at http://www.pinterest.com/millikencarpet and on Instagram at http://www.instagram.com/millikencarpet.
About Milliken - For 150 years, Milliken has been innovating with the purpose to explore, discover and create ways to enhance people’s lives. Our community of innovators has developed one of the larger collections of United States patents held by a private U.S. company. With expertise across a breadth of disciplines, including specialty chemical, floor covering and performance materials, we work around the world every day to add true value to people’s lives, improve health and safety, and help make this world more sustainable. For more information, visit http://www.milliken.com and join us on Twitter and Facebook.
About Ontera – Ontera offers a curated range of superior commercial modular carpets throughout Australia and New Zealand. With a pioneering spirit, Ontera floor covering solutions are designed and manufactured with quality, aesthetic and sustainability at the forefront of product development. Founded in 1985, Ontera was formerly a part of Cavalier Corporation Limited, which is listed on the New Zealand Stock Exchange. To learn more, visit http://www.ontera.com.au and http://www.cavcorp.co.nz.