Hillenbrand Acquires Milacron Holdings Corp.
November 21, 2019
Hillenbrand, Inc. completed the acquisition of Milacron Holdings Corp. in a cash-and-stock transaction valued at approximately $1.9 billion, with Milacron stockholders receiving cash and Hillenbrand shares. The deal expands Hillenbrand's scale and product portfolio in plastics processing and injection molding, with expected annualized cost synergies of about $50 million within three years.
- Buyers
- Hillenbrand, Inc.
- Targets
- Milacron Holdings Corp.
- Sellers
- Milacron stockholders
- Industry
- Manufacturing
- Location
- Ohio, United States
- Transaction Type
- Buyout
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