Published Sept. 2, 2015
Milliken & Co., through its subsidiary Milliken (Australia) Pty. Ltd., has acquired the assets of Ontera Modular Carpets Pty. Ltd., a subsidiary of Cavalier Corp. Ltd. Terms of the acquisition were not disclosed since Milliken & Co. is a private company, according to Milliken spokeswoman Barbara Haaksma.
Based in Australia, Ontera designs and manufactures commercial modular carpet, providing Milliken-branded products as part of its offering.
“Ontera and Milliken share a long history,” said Joe Salley, president and CEO of Milliken & Co. “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, near 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,” said 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.”