# Hillenbrand to acquire Milacron Holdings in $2 billion deal

Hillenbrand Inc. is buying Milacron Holdings Corp. in a deal valued at approximately $2 billion, including net debt. Milacron stockholders will receive $11.80 in cash and 0.1612 shares of Hillenbrand common stock per share. The combined company expects annual revenues of about $3 billion by 2021.

- Type: Acquisition
- Announced: 2019-07-12
- Where: United States
- Value: $2.00B
- Status: announced
- Products: plastics manufacturing equipment, plastic processing machinery, hot runner systems, injection molding
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hillenbrand](https://endata.com/companies/414.md) (acquirer)
- [Milacron](https://endata.com/companies/1344.md) (target)

## Sources

- [wcpo.com](https://www.wcpo.com/money/local-business-news/cincinnati-area-business-giants-combine-hillenbrand-to-buy-milacron-holdings-in-2-billion-deal), 2019-07-12: "Hillenbrand Inc., which started building wooden caskets in Batesville, Indiana, in 1906, is buying Milacron Holdings Corp., founded in 1860 as one of Cincinnati’s legacy machine-tool makers, the companies announced Friday."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.