[BATAVIA, OHIO] March 31, 2025 – Bain Capital, a leading private investment firm, today completed the majority investment in Milacron (or the “Company”), a global industrial leader in the manufacture and distribution of highly-engineered injection molding, extrusion solutions, and aftermarket services for the plastics processing market. Bain Capital will partner with Milacron’s current owner, Hillenbrand, Inc. (NYSE: HI), which will remain a significant investor in the business to ensure the Company’s continued growth.
Milacron has built a legacy over the past nearly 60 years that is defined by innovation, expertise, and a deep commitment to serving its 27,000+ customers as well as each of its nearly 2,000 associates worldwide.
“This is an exciting step in the next chapter for Milacron,” said Mac Jones, CEO of Milacron. “We have established a solid foundation of serving plastics processing customers around the globe for more than five decades through innovative technologies, solutions, and service. More focused resources will allow for the continued development of our offering and the ability to respond to our customers’ needs more readily, enhancing their missions and sustaining their continued success.”
The diverse range of industry end-markets serviced by Milacron includes automotive, construction, consumer goods, electronics, medical, telecommunications, packaging, and much more. The original equipment provider of plastics manufacturing solutions is the largest US-owned and globally served of its kind, with regional offices in Asia, Europe, and Latin America.
“This is a pivotal moment in Milacron’s 50-year history—an opportunity to build on its legacy of innovation and service to accelerate growth,” said Matt Evans, Partner at Bain Capital. “Together, we share a vision for long-term success, driven by strategic investments in technology, products, and services that enhance value for customers in the U.S. and around the world. We are excited to partner with the Milacron team to strengthen its foundation and create lasting impact globally.”
About Milacron
Milacron (www.milacron.com) is a global industrial leader in the manufacturing and distribution of highly engineered and customized injection molding and extrusion solutions, and aftermarket parts and service for the plastics processing market. The company’s 1,900 associates worldwide collaborate to serve a diverse range of end-markets, such as automotive, construction, medical, telecommunications, material handling, packaging, and much more. Molding and shaping its expertise in plastics for nearly 60 years, Milacron holds longstanding relationships with more than 27,000 customers around the world. The original equipment provider of plastics manufacturing solutions is the largest US-owned and globally served of its kind. Headquartered in Batavia, OH/USA, Milacron’s global footprint is also serviced through regional offices in Asia, Europe, and South America.
Melanie Murray, Communications Lead
Melanie_murray@milacron.com
