Milacron's New Chapter: Bain Capital Takes the Helm
February 8, 2025, 10:12 am
Location: United States, Ohio, Batavia
Employees: 1001-5000
Founded date: 1884
Total raised: $220K
Milacron, a titan in the plastic processing industry, is embarking on a new journey. Bain Capital, a heavyweight in private equity, has secured a majority stake in the company for $287 million. This partnership signals a fresh chapter for Milacron, which has been a cornerstone of American manufacturing since 1968.
Bain Capital will acquire approximately 51% of Milacron, while Hillenbrand, the current owner, will retain a significant 49% stake. This strategic alliance aims to accelerate Milacron's growth trajectory and solidify its market position. The deal is expected to close by the end of the fiscal second quarter or the start of the third quarter.
Milacron has long been recognized for its cutting-edge plastic processing solutions. It provides a comprehensive suite of services, including injection molding and extrusion equipment, as well as aftermarket parts. The company serves a diverse range of industries, from automotive to medical, making it a vital player in the global supply chain.
Bain Capital's Special Situations team is no stranger to the industrial sector. With over $22 billion in assets under management, the firm has a proven track record of driving operational growth. Their investment comes on the heels of raising over $9 billion in their latest fund, showcasing their commitment to identifying and nurturing promising ventures.
The partnership with Bain Capital is poised to enhance Milacron's capabilities. The firm brings deep expertise in operational efficiency and long-term value creation. This infusion of capital will enable Milacron to innovate further and expand its reach in a competitive landscape.
Milacron's legacy is steeped in innovation. It boasts the largest installed base of plastic processing equipment in the U.S. This extensive network allows the company to act as a lifecycle partner for its customers, providing essential support and services. As manufacturers increasingly focus on supply chain resilience, Milacron is well-positioned to thrive in this evolving environment.
The investment comes at a time when the U.S. manufacturing sector is experiencing a renaissance. With a renewed emphasis on domestic production, companies like Milacron are set to capitalize on emerging opportunities. Bain Capital's backing will empower Milacron to navigate this landscape effectively.
Milacron's leadership is optimistic about the future. The partnership with Bain Capital is expected to unlock new avenues for growth. The company aims to leverage its advanced engineering capabilities and strong customer relationships to build on its already solid foundation.
The deal is not just about numbers; it's about vision. Bain Capital and Milacron share a common goal: to enhance the production of essential products used daily across the globe. This collaboration is more than a financial transaction; it’s a commitment to innovation and excellence.
Hillenbrand's decision to partner with Bain Capital reflects a strategic shift. The company recognizes that Milacron will benefit from Bain's resources and expertise. This partnership is expected to drive future growth, benefiting not only Milacron's associates and customers but also Hillenbrand's shareholders.
As the manufacturing landscape evolves, Milacron stands ready to adapt. The investment from Bain Capital is a vote of confidence in the company's potential. With a focus on operational growth and innovation, Milacron is set to navigate the challenges and opportunities ahead.
In conclusion, Milacron's partnership with Bain Capital marks a significant milestone in its journey. This investment will enable the company to accelerate its growth and solidify its position as a leader in the plastic processing industry. As the U.S. manufacturing sector undergoes transformation, Milacron is poised to emerge stronger, driven by a shared vision of innovation and excellence. The future looks bright for this iconic American manufacturer.
Bain Capital will acquire approximately 51% of Milacron, while Hillenbrand, the current owner, will retain a significant 49% stake. This strategic alliance aims to accelerate Milacron's growth trajectory and solidify its market position. The deal is expected to close by the end of the fiscal second quarter or the start of the third quarter.
Milacron has long been recognized for its cutting-edge plastic processing solutions. It provides a comprehensive suite of services, including injection molding and extrusion equipment, as well as aftermarket parts. The company serves a diverse range of industries, from automotive to medical, making it a vital player in the global supply chain.
Bain Capital's Special Situations team is no stranger to the industrial sector. With over $22 billion in assets under management, the firm has a proven track record of driving operational growth. Their investment comes on the heels of raising over $9 billion in their latest fund, showcasing their commitment to identifying and nurturing promising ventures.
The partnership with Bain Capital is poised to enhance Milacron's capabilities. The firm brings deep expertise in operational efficiency and long-term value creation. This infusion of capital will enable Milacron to innovate further and expand its reach in a competitive landscape.
Milacron's legacy is steeped in innovation. It boasts the largest installed base of plastic processing equipment in the U.S. This extensive network allows the company to act as a lifecycle partner for its customers, providing essential support and services. As manufacturers increasingly focus on supply chain resilience, Milacron is well-positioned to thrive in this evolving environment.
The investment comes at a time when the U.S. manufacturing sector is experiencing a renaissance. With a renewed emphasis on domestic production, companies like Milacron are set to capitalize on emerging opportunities. Bain Capital's backing will empower Milacron to navigate this landscape effectively.
Milacron's leadership is optimistic about the future. The partnership with Bain Capital is expected to unlock new avenues for growth. The company aims to leverage its advanced engineering capabilities and strong customer relationships to build on its already solid foundation.
The deal is not just about numbers; it's about vision. Bain Capital and Milacron share a common goal: to enhance the production of essential products used daily across the globe. This collaboration is more than a financial transaction; it’s a commitment to innovation and excellence.
Hillenbrand's decision to partner with Bain Capital reflects a strategic shift. The company recognizes that Milacron will benefit from Bain's resources and expertise. This partnership is expected to drive future growth, benefiting not only Milacron's associates and customers but also Hillenbrand's shareholders.
As the manufacturing landscape evolves, Milacron stands ready to adapt. The investment from Bain Capital is a vote of confidence in the company's potential. With a focus on operational growth and innovation, Milacron is set to navigate the challenges and opportunities ahead.
In conclusion, Milacron's partnership with Bain Capital marks a significant milestone in its journey. This investment will enable the company to accelerate its growth and solidify its position as a leader in the plastic processing industry. As the U.S. manufacturing sector undergoes transformation, Milacron is poised to emerge stronger, driven by a shared vision of innovation and excellence. The future looks bright for this iconic American manufacturer.