HI - Mergers and acquisitions

Advances Hillenbrand's long-term profitable growth strategy by increasing scale in food end market, particularly within attractive pet food sectorAdds complementary technologies and processing expertise and expands the product offerings and capabilities within Hillenbrand's Advanced Process Solutions segment across existing key end markets including food, durable plastics, and chemicalsExpected to be accretive to Adjusted EPS within the first full year and deliver ROIC in excess of cost of capital by year fiveBATESVILLE, Ind., Sept. 1, 2023 /PRNewswire/ -- Hillenbrand, Inc. (NYSE:HI) announced today that it has completed the acquisition of the Schenck Process Food and Performance Materials (

BATESVILLE, Ind., Dec. 1, 2022 /PRNewswire/ -- Hillenbrand, Inc. (NYSE:HI) announced today it has completed the acquisition of the Peerless Food Equipment division of Illinois Tool Works Inc. for a purchase price of approximately $59 million, subject to customary post-closing adjustments, using available borrowings under its existing credit facility.   "The equipment and solutions offered by Peerless are highly complementary to those offered under our LINXIS Group brands," said Kim Ryan, President and Chief Executive Officer of Hillenbrand. "With our significant scale in the food end market achieved by combining Peerless with our existing Coperion, LINXIS, and Gabler technologies, we can del

Advances Hillenbrand's long-term profitable growth-strategy by building significant scale with leadership positions in the food processing industryHighly complementary systems and equipment to Coperion and provides strong synergy opportunitiesExpected to be accretive to Adjusted EPS within first full yearBATESVILLE, Ind., Oct. 6, 2022 /PRNewswire/ -- Hillenbrand, Inc. (NYSE:HI) announced today it has completed the acquisition of LINXIS Group from IBERIS INTERNATIONAL S.À R.L, an affiliate of IK Partners, and additional sellers, for total aggregate consideration of €596.2 million, reflecting an enterprise value of approximately €572 million plus cash acquired at closing. "The completion of th

Advances Hillenbrand's long-term growth strategy into key end market of recyclingHighly complementary technologies to Coperion branded productsEnhances offering of complete recycling solutions and provides compelling cross-selling opportunitiesExpected to be accretive to Adj. EPS within first full year and deliver double-digit ROIC by year threeBATESVILLE, Ind., Aug. 31, 2022 /PRNewswire/ -- Hillenbrand, Inc. (NYSE:HI) announced today it has completed the acquisition of Herbold Meckesheim GmbH (Herbold) for an enterprise value of approximately €79 million. "The successful completion of the Herbold Meckesheim acquisition is another meaningful step that delivers on our commitment to grow as a

Advances Hillenbrand's long-term growth strategy into key end market of recyclingHighly complementary technologies to Coperion branded productsEnhances offering of complete recycling solutions and provides compelling cross-selling opportunitiesExpected to be accretive to Adj. EPS within first full year and deliver double-digit ROIC by year 3BATESVILLE, Ind., June 30, 2022 /PRNewswire/ -- Hillenbrand, Inc. (NYSE:HI) has entered into a definitive agreement to acquire Herbold Meckesheim GmbH (Herbold) for an enterprise value of approximately €79 million. The transaction is expected to close during the fiscal fourth quarter of 2022, subject to regulatory approval and customary closing conditions