Milacron Holdings Corp., Cincinnati, announced an agreement to sell its Uniloy Blow Molding business to investment firms Osgood Capital Group LLC and Cyprium Investment Partners LLC. Milacron President and CEO Tom Goeke said the decision to sell Uniloy, which it has held for more than 20 years, was in line with his company’s strategy to focus on core technologies, including injection molding machines, extrusion equipment and hot-runner and control systems.
Uniloy, Tecumseh, Mich., will continue to operate.
