M&A Deal Summary

Bain Capital Private Equity Acquires Milacron

On February 5, 2025, private equity firm Bain Capital Private Equity acquired plastics company Milacron from Hillenbrand for 287M USD

Acquisition Highlights
  • This is Bain Capital Private Equity’s 2nd transaction in the Plastics sector.
  • This is Bain Capital Private Equity’s 70th largest (disclosed) transaction.
  • This is Bain Capital Private Equity’s 126th transaction in the United States.
  • This is Bain Capital Private Equity’s 4th transaction in Ohio.

M&A Deal Summary

Date 2025-02-05
Target Milacron
Sector Plastics
Buyer(s) Bain Capital Private Equity
Sellers(s) Hillenbrand
Deal Type Divestiture
Deal Value 287M USD

Target

Milacron

Cincinnati, Ohio, United States
Milacron provides plastics processing equipment, technologies, and services. It offers hot runner systems, temperature controllers, and auxiliary equipment; and mold bases, mold components, cold runner systems, and control systems for the plastics industry. Milacron was founded in 2000 and is based in Cincinnati, Ohio.

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Buyer(S) 1

Buyer

Bain Capital Private Equity

Boston, Massachusetts, United States

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 44.2B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Bain Capital Private Equity (BCPE), is the private equity investment arm of alternative asset management firm, Bain Capital. BCPE targets leveraged buyout and growth capital transactions in a wide variety of industries including information technology, communications, media, healthcare, industrial/manufacturing, retail/consumer, and financial services. Bain Capital is based in Boston with additional offices in New York, London, Mumbai, Hong Kong, Shanghai, Tokyo, and Munich.


DEAL STATS #
Overall 241 of 244
Sector (Plastics) 2 of 2
Type (Divestiture) 38 of 39
State (Ohio) 4 of 4
Country (United States) 126 of 127
Year (2025) 3 of 6
Size (of disclosed) 70 of 74
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-30 Frontline Road Safety Group

Denver, Colorado, United States

Frontline Road Safety Group provides pavement marking services in the United States. It offers a full range of pavement marking and specialty services to meet the needs of prime contractors, governmental agencies, and the public. Frontline Road Safety Group was founded in 2020 and is based in Denver, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-07 Mitsubishi Tanabe Pharma

Osaka, Japan

Mitsubishi Tanabe Pharma is a research-driven pharmaceutical company that specializes in the research, development, and marketing of globally competitive pharmaceutical products focused on the field of autoimmune disease, diabetes and kidney disease, and CNS disease. Mitsubishi Tanabe Pharma was founded in 1933 and is based in Osaka, Japan.

Buy $3.3B

Seller(S) 1

SELLER

Hillenbrand

Batesville, Indiana, United States

Category Company
Founded 1906
Sector Machinery
Employees10,400
Revenue 2.8B USD (2023)
DESCRIPTION

Hillenbrand is a diversified industrial company with multiple market-leading brands that serve a wide variety of industries across the globe. Hillenbrand's portfolio is composed of two business segments: the Process Equipment Group and Batesville. The Process Equipment Group businesses design, develop, manufacture and service highly engineered industrial equipment around the world. Batesville is a recognized leader in the North American death care industry. Hillenbrand was founded in 1906 and is based in Batesville, Indiana.


DEAL STATS #
Overall 6 of 6
Sector (Plastics) 1 of 1
Type (Divestiture) 6 of 6
State (Ohio) 1 of 1
Country (United States) 6 of 6
Year (2025) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-24 Schenck Process Food and Performance Materials

Kansas City, Missouri, United States

Schenck Process Food and Performance Materials (FPM) specializes in the design, manufacturing, and service of feeding, filtration, baking, and material handling technologies and systems. Schenck Process Food and Performance Materials is based in Kansas City, Missouri.

Buy $7.3B