US injection moulding machine manufacturer Milacron (Cincinnati, Ohio; www.milacron.com) has completed its acquisition of Mold-Masters (Georgetown, Ontario / Canada; www.moldmasters.com) – for previous coverage, see Plasteurope.com of 14.02.2013. The USD 950m deal creates a new mega plastics processing solutions provider comprised of five businesses: Milacron Plastics Machinery (injection, extrusion and blow moulding), Mold-Masters (hot runners), DME Company (mold technologies), Aftermarket (parts and service) as well as “Cimcool” Fluid Technology (metalworking fluids and services). Milacron said each of the businesses would continue to focus on its area of specialty, while simultaneously leveraging the synergies among them.

The combined group will be headed by Milacron CEO Tom Goeke, while the leadership of the individual Milacron businesses, including Mold-Masters, will remain the same.