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Stock impact report

Bain Capital Announces Majority Investment in Milacron, a Leading Global Provider of Highly Engineered Plastic Processing Solutions

Hillenbrand Inc (HI) 
Last hillenbrand inc earnings: 2/5 06:07 pm Check Earnings Report
Company Research Source: Business Wire
Investment to accelerate Milacron’s growth and strengthen its position as a global leader in highly engineered plastic processing solutions.Milacron’s comprehensive suite of equipment offerings and services enables the production of everyday products used across the construction, automotive, packaging, consumer goods, and medical sectors.Hillenbrand (NYSE: HI), Milacron’s current owner, will continue to remain a significant investor in the business. BOSTON & BATESVILLE, Ind.--(BUSINESS WIRE)--Bain Capital, a leading private investment firm, today announced a majority investment in the Milacron Injection Molding and Extrusion business (or the “Company”), a globally renowned provider of highly engineered plastic processing equipment and services. Bain Capital will partner with Milacron’s current owner, Hillenbrand, Inc. (NYSE: HI), who will remain a significant investor in the business to accelerate the Company’s continued growth. Bain Capital entered into a definitive agreement to Show less Read more
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