Bain Capital acquires 51% stake in Milacron in $560m deal

Current owner Hillenbrand will retain a 49% stake, continuing its involvement in the company’s future growth.

Milacron supplies injection molding and extrusion equipment, along with aftermarket parts and services, to industries including construction, automotive, packaging, consumer goods, and medical. The company holds the largest installed base of plastics processing equipment in the U.S.. It leverages its strong engineering capabilities and customer relationships to maintain a dominant market position.

Bain Capital sees this investment as an opportunity to benefit from the ongoing resurgence of U.S. manufacturing, as supply chain resilience and domestic production become increasingly critical. Matt Evans, Partner at Bain Capital Special Situations, highlighted Milacron’s role as a market leader with global reach and strong operational foundations. Chris Sun, Principal at Bain Capital, noted that Milacron’s innovative technology and long-standing industry expertise make it well-positioned for future expansion.

Hillenbrand CEO Kim Ryan stated that Bain Capital’s investment will bring additional resources to Milacron. Moreover, it will help drive its next phase of growth. The deal aligns with Bain’s strategy of investing in industrial and manufacturing businesses, following its recent $9bn fundraising for its Special Situations platform.

The transaction is expected to close by the fiscal third quarter. Deutsche Bank served as Bain Capital’s exclusive financial advisor, while Paul, Weiss, Rifkind, Wharton & Garrison LLP provided legal counsel.

Source: Business Wire

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