2 days ago · Hillenbrand is updating its annual guidance range to reflect the majority sale of the Milacron business. This change includes the removal of Milacron's consolidated results from the second half of the fiscal year, partially offset by reduced interest expense and the expected income generated from the ownership stake following the transaction's ...

2 days ago · Bain Capital will partner with Milacron’s current owner, Hillenbrand, Inc. (NYSE: HI), who will remain a significant investor in the business to accelerate the Company’s continued growth. Bain Capital entered into a definitive agreement to purchase an ownership stake of approximately 51% of Milacron for $287 million, subject to customary ...

Nov 21, 2019 · Hillenbrand Completes Acquisition of Milacron. Increased Scale and Meaningful Product Diversification. Compelling Long-term Growth Opportunities with Enhanced Ability to Serve Customers across the Plastics Value Chain. Annualized Cost Synergies of Approximately $50 Million Expected within Three Years

2 days ago · Hillenbrand (NYSE: HI) reported fiscal Q1 2025 results and announced the sale of a majority stake in its Milacron injection molding business to Bain Capital for $287 million.Key financial highlights include: - Revenue decreased 9% to $707 million - GAAP EPS fell from $0.24 to $0.09 - Adjusted EPS declined 19% to $0.56

1 day ago · Hillenbrand has owned Milacron since 2019, when it paid $1.9 billion for all of the company, which had been publicly traded and included other business units in addition to injection molding and ...

2 days ago · Following the close of the transaction, Hillenbrand's consolidated results will include a proportionate share of Milacron's net income (or loss) as equity income at corporate.

1 day ago · Hillenbrand to sell 51% stake in Milacron business to Bain affiliate for $287M. TipRanks. Feb. 5, 2025, 03:26 PM. On February 5, the company entered into a definitive agreement to sell an ...

1 day ago · Bain Capital will partner with Milacron’s current owner, Hillenbrand, Inc. (NYSE: HI), who will remain a significant investor in the business to accelerate the Company’s continued growth.

1 day ago · 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 ...

1 day ago · Hillenbrand bought Milacron in 2019 for $1.9 billion. Hillenbrand Inc. has announced the sale of a 51% stake in its Milacron injection molding and extrusion business to an affiliate of Bain ...