Milacron Exits Bankruptcy Protection

Milacron Inc., a plastics processing and industrial fluids company, has exited bankruptcy protection with a new group of investors that includes Avenue Capital Group and DDJ Capital Management. It also has secured a new revolving credit facility led by Wells Fargo Foothills. Prior to entering bankruptcy protection, Milacron had been minority-owned by Bayside Capital, an affiliate of H.I.G. Capital.

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