Transaction Overview
- Represented Ampersand in its sale of its portfolio company Kortec to Milacron.
- Kortec is a Massachusetts-based manufacturer of co-injection solutions that make injection-molded multi-layered rigid packaging structures possible. Primary products include complete injection molding systems and molds outfitted with proprietary and patented technologies that enable unique co-injection capabilities.
- Milacron is a global diversified manufacturer of plastic processing equipment, including injection molding machinery and ancillary equipment.
Drivers of Interest
- Process was highly customized to accommodate the unique nature of the asset, the stage of evolution of its core technology and its financial profile.