Milacron announces a proposed Initial Public Offering
On April 3, 2015, Milacron Holdings Corporation - a global leader in the manufacture, distribution and service of highly engineered and customized systems used in the plastic technology and processing industry and a portfolio company of affiliates of CCMP Capital Advisors - announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) relating to the proposed initial public offering of its common stock. The number of shares to be offered and the price range of the proposed offering have not yet been determined. The company intends to apply to list its common stock on the New York Stock Exchange or the Nasdaq Global Market. Milacron expects to use the net proceeds of the offering for general corporate purposes, including the repayment of outstanding indebtedness.
BofA Merrill Lynch, Barclays and J.P. Morgan are acting as joint lead book-running managers in the proposed offering. Baird, Credit Suisse, and Goldman, Sachs & Co. are also acting as book-running managers in the proposed offering. The proposed offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus related to the offering may be obtained from BofA Merrill Lynch (New York).
Ferromatik, Uniloy, Mold Masters, DME, Cimcool, Tirad, Cincinnati Milacron, Milacron, Kortec, Servtek and WearTechnology are the brands belonging to Milacron Holdings Corporation, producing from injection moulding machines and extrusion lines to blow moulding machines, moulds and ancillary equipment for the plastics industry.