Milacron LLC is planning to acquire 100 per cent stake in Mold-Masters.
Under the terms of the transaction, Milacron will acquire 100 per cent of the shares of Mold-Masters for an enterprise value of $975 million. The acquisition will be funded by Milacron’s private equity investor CCMP Capital Advisors. Through their complementary product lines, Milacron and Mold-Masters will be able to offer a broader portfolio of exceptional products and services, providing solutions for customers’ complex plastics needs.
Source: PlastMart.com