Equity firm buying Milacron

  • Posted on: 1 April 2012
  • By: Lisa Crossman

Cinncinnati.com reports that a new private equity firm has agreed to acquire Milacron LLC, the 128-year-old provider of plastic processing equipment in Batavia. Financial terms of the purchase by New York-based CCMP Capital Advisors LLC weren’t disclosed. Milacron said the purchase, expected to be completed later this spring, wouldn’t change the company’s management or operations in Greater Cincinnati. 
I didn't even know they were for sale.  Did you?  What "Equity firm" and exactly who owns that?  I'm an American dammit, so I know to always suspect something funky went on at some level.  Did they say "no changes?"  No changes at all?  Go sit in the corner if you believed that.