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Milacron Completes Sale of Substantially All of Its Uniloy Blow Molding Business to Osgood Capital Group, LLC and Cyprium Investment Partners, LLC

CINCINNATI--(BUSINESS WIRE)--Milacron Holdings Corp. (NYSE: MCRN) (“Milacron”), a leading industrial technology company serving the plastics processing industry, today announced that it completed the divestiture of substantially all of its Uniloy Blow Molding Business consistent with the terms of the previously announced definitive agreement with Osgood Capital Group, LLC and Cyprium Investment Partners, LLC. The sale closed July 1, 2019, generating proceeds of $51,875,000. Milacron expects to receive the remaining balance of the purchase price upon the later closing of the sale of the India portion of its Uniloy Blow Molding Business.