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. Hillenbrand (NYSE: HI) will retain an ownership stake of approximately 49%. Bain Capital’s Special Situations team is making this investment following the close of its second vintage of funds, which raised over $9 billion. The transaction is expected to close at the end of the company’s fiscal second quarter or beginning of the fiscal third quarter.
The company intends to use the funds to accelerate its growth and consolidate its market position.
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.
FinSMEs
06/02/2025