Bain Capital completes majority investment in Milacron

Bain Capital, a private investment firm, completed the majority investment in Milacron and will partner with Milacron’s current owner, Hillenbrand, which will remain a significant investor in the business to ensure the company’s continued growth. Milacron has built a legacy over the past nearly 60 years that is defined by innovation, expertise, and a deep commitment to serving its more than 27,000 customers as well as each of its nearly 2,000 associates worldwide.

“This is an exciting step in the next chapter for Milacron,” said Mac Jones, CEO of Milacron. “We have established a solid foundation of serving plastics processing customers around the globe for more than five decades through innovative technologies, solutions, and service. More focused resources will allow for the continued development of our offering and the ability to respond to our customers’ needs more readily, enhancing their missions and sustaining their continued success.”

The diverse range of industry end-markets serviced by Milacron includes automotive, construction, consumer goods, electronics, medical, telecommunications, packaging, and much more. The original equipment provider of plastics manufacturing solutions is the largest US-owned and globally served of its kind, with regional offices in Asia, Europe, and Latin America.

“This is a pivotal moment in Milacron’s 50-year history – an opportunity to build on its legacy of innovation and service to accelerate growth,” said Matt Evans, Partner at Bain Capital. “Together, we share a vision for long-term success, driven by strategic investments in technology, products, and services that enhance value for customers in the US and around the world. We are excited to partner with the Milacron team to strengthen its foundation and create lasting impact globally.”