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.

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 ...

A custom hat bar by Jake Hillenbrand, owner of Hillenbrand Hat Co., will also anchor the store. “We are going to have a lot of one-of-a-kind items in the shop. Having access as a normal person ...

Dannel was self-employed as the owner of LNK Systems ... Aaron Gannon and his wife Meggan Hillenbrand of Orange, Brian Gannon and his wife Shawnna of Greenfield. He also leaves behind Kelly ...

Bain Capital partners with Hillenbrand in a deal to support Milacron, a leading provider of engineered plastic processing ...

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.

Shares of industrial processing equipment and solutions provider Hillenbrand (NYSE:HI) fell 6.8% in the afternoon session after the company reported a mixed quarter. While Hillenbrand exceeded ...

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 Inc. decided to sell a majority stake in its Milacron plastics machinery business rather than a full divestiture following a portfolio review, President and CEO Kim Ryan said.

Hillenbrand expects full-year earnings in the range of $2.45 to $2.80 per share, with revenue ranging from $2.63 billion to $2.79 billion. This story was generated by Automated Insights ( ...