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Hillenbrand Completes Acquisition of the Schenck Process Food and Performance Materials Business, Accelerating Growth as a Global Industrial Leader

PR Newswire - Fri Sep 1, 2023

BATESVILLE, 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 ("FPM") business, from Schenck Process Group, a portfolio company of Blackstone, for an enterprise value of approximately $730 million.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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