Milacron LLC to acquire 100% stake in Mold-Masters

Milacron LLC, a global plastics industry leader and provider of premium fluids to the metalworking industry, and Mold-Masters, a leading global hot-runner manufacturer with a strong presence in North America, Europe and Asia, today announced they are combining to form a leading global solutions provider positioned to serve the full range of customer needs. Milacron is backed by its private equity investor CCMP Capital Advisors. The transformative transaction will create a rapidly growing company with world-class capabilities across five businesses: Milacron (Plastics Machinery), Mold-Masters (Hot Runners), DME (Mold Base Technologies), Aftermarket (Parts and Service) and CIMCOOL® Fluid Technology (Metalworking Fluids and Services). Each business will continue to focus on the unique, value-added solutions they bring to their respective customers while leveraging the tremendous synergies that exist among all the businesses. The combined entity will provide its customers with market-leading technologies, superb global engineering and R&D leadership. 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. In addition, with enhanced financial and operational strength, reduced cyclicality, and a diverse international footprint with a strong market position in hot runners in Asia, the combined company will have greater opportunities for global expansion. Under the terms of the transaction, Milacron will acquire 100% of the shares of Mold-Masters for an enterprise value of $975 million. Tom Goeke, Chief Executive Officer of Milacron will lead the combined entity with the support of an outstanding management team with a talented, global team of employees. Bill Barker, President and CEO of Mold Masters will continue to lead that business.
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