Bcss Iota (a), Llc
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SUMMARY UNDER REGULATION 13(2) OF THE COMPETITION COMMISSION OF INDIA (COMBINATIONS) REGULATIONS,2024
(a) Parties to the Combination
- The parties to the combination are —
- (i) BCSS Iota (A), LLC ( Acquirer ); and
- (ii) Milacron LLC ( Seller / Milacron )
- The Acquirer and Target Business (as defined below) are collectively referred to as the Parties .
(b) Nature and purpose of the Combination
- The proposed transaction relates to the Acquirer’s acquisition from the Seller of an approx. 51.26% shareholding in a HoldCo (which is in the process of being set up) ( HoldCo ), which will own 100% of Milacron Marketing Company LLC / Target Business (i.e., injection molding and extrusion equipment manufacturing and assembly and sale of related aftermarket equipment, parts and services business of Milacron) ( Proposed Transaction ).
- For the Acquirer, the Proposed Transaction represents an attractive opportunity to support the next chapter of growth of the Target Business and drive both operational growth and long-term value creation.
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