Plastics News8d
Hillenbrand sells majority stake in Milacron to Bain Capital for $287M
Hillenbrand Inc. has announced the sale of a 51% stake in its Milacron injection molding and extrusion business to an ...
Hillenbrand projects $685M-$705M Q2 revenue with focus on deleveraging and portfolio transformation
Hillenbrand anticipates Q2 revenue in the range of $685 million to $705 million and adjusted EPS between $0.53 and $0.58. Full-year guidance has been updated to reflect the Milacron transaction, ...
Plastics News8d
Hillenbrand sells majority stake in Milacron machinery business to Bain Capital for $287M
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.