Milacron Holdings Corp. has filed to raise up to $100 million via initial public offering. Milacron is a Cincinnati-based plastics processing and industrial fluids company that is owned by CCMP Capital Advisors. Milacron did not disclose the shares it would offer or their price range. BofA Merrill Lynch, Barclays and J.P. Morgan are acting as joint lead book-runners on the IPO.
(CINCINNATI, OH – April 3, 2015) – Milacron Holdings Corp. (“Milacron” or the
“Company”), a global leader in the manufacture, distribution and service of highly
engineered and customized systems used in the plastic technology and processing
industry and a portfolio company of affiliates of CCMP Capital Advisors, LLC, today
announced that it has filed a registration statement on Form S-1 with the Securities
and Exchange Commission (“SEC”) relating to the proposed initial public offering of its
common stock. The number of shares to be offered and the price range of the
proposed offering have not yet been determined. The Company intends to apply to
list its common stock on the New York Stock Exchange or the NASDAQ Global Market.
The Company expects to use the net proceeds of the offering for general corporate
purposes, including the repayment of outstanding indebtedness.
BofA Merrill Lynch, Barclays and J.P. Morgan are acting as joint lead book-running
managers in the proposed offering. Baird, Credit Suisse, and Goldman, Sachs & Co.
are also acting as book-running managers in the proposed offering.
The proposed offering will be made only by means of a prospectus. When available,
copies of the preliminary prospectus related to the offering may be obtained from
BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attention: Prospectus
Department or by e-mailing firstname.lastname@example.org, from Barclays, c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by
emailing Barclaysprospectus@broadridge.com, or by calling (888) 603-5847, or by
contacting J.P. Morgan, c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, NY 11717.
A registration statement on Form S-1 relating to the proposed offering has been filed
with the SEC but has not yet become effective. The securities to be registered may not
be sold nor may offers to buy be accepted prior to the time when the registration
statement becomes effective. This press release shall not constitute an offer to sell or
the solicitation of an offer to buy, nor shall there be any sale of these securities in any
state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state or jurisdiction.