Milacron Receives Investment from Bain Capital
Summary
Milacron, a Cincinnati, OH-based provider of plastic processing equipment and services, received an investment from Bain Capital. Bain Capital entered into a definitive agreement to purchase an ownership stake of approximately 51% of Milacron for $287M, subject to customary closing adjustments. Bain Capital’s Special Situations team is making this investment following the close of its second vintage of funds, which raised over $9 billion. Milacron is a provider of plastic processing solutions including injection molding and extrusion equipment as well as aftermarket parts and services for a variety of end-markets, including the construction, automotive, packaging, consumer goods, and medical industries. With the largest installed base of equipment in the U.S., the company serves as a lifecycle partner, leveraging its support network to deliver comprehensive aftermarket parts and services solutions.