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Hillenbrand $2 billion acquisition of Milacron

12/7/2019
Public acquisition
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$ 2 billion

Announced

12/7/2019

Overview:

  • Hillenbrand has acquired plastic processing equipment manufacturer and distributor Milacron in a $2 billion deal. 
  • The transaction includes $686 million of Milacron's debt. 
  • JP Morgan Securities acted as exlusive financial adviser for Hillenbrand and Barclays acted as exclusive financial adviser for Milacron. 
  • The transaction is expected to close in the first quarter of 2020. 

Kurt Stumpo - US Editor

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Industrials and manufacturing

Firms:
Ropes & Gray

Party: Milacron (Target)

Lawyer: David Blittner

Skadden Arps Slate Meagher & Flom

Party: Hillenbrand (Acquirer)

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