US EditionHillenbrand Completes Sale of Majority Stake in Milacron – WRBI Radio
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Hillenbrand Completes Sale of Majority Stake in Milacron – WRBI Radio
(Batesville, IN) – Hillenbrand, Inc. has announced that it has completed the previously announced sale of its majority interest in the Milacron injection molding and extrusion business (“Milacron”), within the Molding Technology Solutions segment, to Bain Capital for $287 million, subject to agreed closing adjustments. Bain Capital now owns an approximate 51% share and has full operational control of Milacron, while Hillenbrand maintains an owne…
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