An affiliate of Bain Capital will acquire 51 per cent of the injection molding and extrusion machinery maker from current owner Hillenbrand Inc.

According to the terms of the deal, Bain has agreed to acquire a 51 percent stake in Milacron for $287 million.

See our updated story with comments from Hillenbrand President and CEO Kim Ryan. Batesville, Ind.-based Hillenbrand Inc. is selling the majority of its Milacron injection molding and extrusion ...

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 ...

The company will retain an ownership stake of approximately 49%. This transaction reflects the continued execution of Hillenbrand’s (HI) portfolio transformation and profitable growth strategy.

Hillenbrand beat estimated earnings by 4.0%, reporting an EPS of $0.56 versus an estimate of $0.54. Revenue was down $66.40 million from the same period last year. The company beat on EPS by $0.09 ...

KeyBanc analyst Jeffrey Hammond reiterated a Buy rating on Hillenbrand (HI – Research Report) today. The company’s shares closed yesterday at $33.95. Leverage the power of TipRanks' Smart ...

Hillenbrand has sold a majority stake in Milacron to an affiliate of Bain Capital Special Situations. The provider of highly engineered processing equipment and solutions will sell a 51% stake in ...

Hillenbrand (NYSE: HI), Milacron’s current owner, will continue to remain a significant investor in the business. Since 1968, Milacron has been a global provider of highly engineered plastic ...