Milliken & Company to acquire Andover Healthcare.

Milliken & Company, a global innovation company, protective textile, specialty chemical and floor covering expertise provider, has agreed to acquire Andover Healthcare, a leading manufacturer of cohesive bandages and compression systems spanning healthcare, animal health and sports medicine markets. Financial terms were not disclosed. The acquisition strategically aligns two respected brands in patient care, bringing streamlined, comprehensive and innovative solutions to healthcare providers. “Andover Healthcare is a natural fit for Milliken. We are equally committed to improving the patient healing experience through innovative solutions, and our shared focus on ethics and integrity unites us culturally. Our combined expertise and a common drive to create innovative solutions invite us to set the bar for comprehensive patient care that helps create a healthier future.” Halsey Cook, Milliken & Company president and CEO.