Michelin Acquires Cooley Group, Strengthens Industrial Fabrics Sector

Michelin has finalized the acquisition of Cooley Group, marking a strategic expansion in the industrial coated fabrics market. This acquisition, completed with cash reserves, aligns with Michelin’s goal of enhancing innovation and quality while maintaining its fiscal health.

Cooley Group, celebrating 100 years and based in Rhode Island, is renowned for its high-performance polymer coated fabrics. The firm is fully integrated, boasting expertise in weaving, knitting, and polymer extrusion. Their products support numerous applications, including healthcare and environmental solutions.

With 300 employees and a revenue of $168 million reported in 2025, Cooley operates mainly in North America with four factories. This acquisition enhances Michelin's geographical reach and product offerings in key industrial sectors.