Tracked deals
3
3 tracked deals across 2019-2023.
Batesville, Indiana, United States
Global industrial company providing highly-engineered, mission-critical processing equipment and solutions to customers worldwide, with a portfolio of industrial brands serving durable plastics, food, and recycling markets and offering aftermarket parts and services.
Tracked deals
3
3 tracked deals across 2019-2023.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Buyout
3 buyout
Last 3 years
Supporting Data
Hillenbrand, Inc. agreed to acquire the Schenck Process Food and Performance Materials (FPM) business from Blackstone for an enterprise value of approximately $730 million. Headquartered in Kansas City, Missouri, FPM has over 1,300 employees and is expected to generate about $540 million of 2023 revenue and $68 million of EBITDA; the deal is expected to close in Hillenbrand's fiscal fourth quarter of 2023 subject to regulatory approvals.
Hillenbrand, Inc. completed its acquisition of LINXIS Group from an affiliate of IK Partners (IK VIII Fund) and additional sellers for total aggregate consideration of €596.2 million (enterprise value of ~€572 million plus cash acquired). The deal combines LINXIS’ ingredient automation and processing technologies with Hillenbrand’s food processing capabilities to deliver more comprehensive solutions and services for customers.
Hillenbrand, Inc. completed the acquisition of Milacron Holdings Corp. in a cash-and-stock transaction valued at approximately $1.9 billion, with Milacron stockholders receiving cash and Hillenbrand shares. The deal expands Hillenbrand's scale and product portfolio in plastics processing and injection molding, with expected annualized cost synergies of about $50 million within three years.
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