BATESVILLE, Ind., May 24, 2023 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) announced today that it has entered into a definitive agreement to acquire the Schenck Process Food and Performance Materials ("FPM") business, a portfolio company of Blackstone, for an enterprise value of approximately $730 million. The transaction is expected to close during Hillenbrand's fiscal fourth quarter of 2023, subject to regulatory approvals and other customary closing conditions.
Read more at prnewswire.comHillenbrand to Acquire the Schenck Process Food and Performance Materials Business, a Global Provider of Processing Technologies and Systems
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