The transaction is subject to customary closing conditions and is expected to close within the next ninety (90) days.
(Source: Milacron)
Tom Goeke, Milacron President and Chief Executive Officer (CEO), said, “The sale of the Uniloy Blow Molding business is being transacted in the best interests of Milacron, its stockholders, and its customers. Uniloy has operated as a Milacron product brand since 1998, and we are confident it will continue to thrive under its new ownership in the years ahead. This divestiture is consistent with our decision to concentrate on our core industry-leading technologies including Milacron injection molding machines, Milacron extrusion equipment, Mold-Masters hot runner and control systems, DME mold components, and our Cimcool fluid technologies.”
The new Uniloy organisation will be led by Brian Marston, and he will serve as President and CEO. Marston is currently President of Blow Molding and Extrusion with Milacron. He has held leadership roles within the plastics and blow molding industry for 35 years. Osgood Capital’s President, Joseph S. Levy, who has over 25 years’ experience in the plastics and packaging industry was quoted as saying, “We are excited to have this opportunity to work with the outstanding Uniloy management team led by Brian. We expect to deliver world class service and solutions for all our customers’ blow molding needs as well as strong growth in Global Uniloy brands for years to come.”
Mr. Marston was quoted, “The new Uniloy organisation will continue to provide the same high-performance machinery, technical expertise and aftermarket support that our customers have experienced since the 1960s. The Uniloy brand will continue to be recognised as a global leader in the blow molding industry. We will be working hand in hand with Milacron to make this a seamless transition for our customers. All existing orders will continue to be manufactured to the industry’s highest standards.”
Naturally, we always handle your personal data responsibly. Any personal data we receive from you is processed in accordance with applicable data protection legislation. For detailed information please see our privacy policy.
Consent to the use of data for promotional purposes
I hereby consent to Vogel Communications Group GmbH & Co. KG, Max-Planckstr. 7-9, 97082 Würzburg including any affiliated companies according to §§ 15 et seq. AktG (hereafter: Vogel Communications Group) using my e-mail address to send editorial newsletters. A list of all affiliated companies can be found here
Newsletter content may include all products and services of any companies mentioned above, including for example specialist journals and books, events and fairs as well as event-related products and services, print and digital media offers and services such as additional (editorial) newsletters, raffles, lead campaigns, market research both online and offline, specialist webportals and e-learning offers. In case my personal telephone number has also been collected, it may be used for offers of aforementioned products, for services of the companies mentioned above, and market research purposes.
In case I access protected data on Internet portals of Vogel Communications Group including any affiliated companies according to §§ 15 et seq. AktG, I need to provide further data in order to register for the access to such content. In return for this free access to editorial content, my data may be used in accordance with this consent for the purposes stated here.
Right of revocation
I understand that I can revoke my consent at will. My revocation does not change the lawfulness of data processing that was conducted based on my consent leading up to my revocation. One option to declare my revocation is to use the contact form found at https://support.vogel.de. In case I no longer wish to receive certain newsletters, I have subscribed to, I can also click on the unsubscribe link included at the end of a newsletter. Further information regarding my right of revocation and the implementation of it as well as the consequences of my revocation can be found in the data protection declaration, section editorial newsletter.