Milacron Holdings Corp. (NYSE:MCRN) is considering a sale of its Cimcool unit, according to people with knowledge of the matter. The company is working with an adviser to solicit offers for the business, which could fetch as much as $300 million, said the people, who asked not to be identified because they weren’t authorized to speak publicly. A final decision hasn’t been made and Milacron could elect to keep the company, the people said. Representatives for Milacron didn’t respond to phone and email messages seeking comment.