# Hillenbrand to be acquired by Lone Star Funds for $3.8 billion

Hillenbrand, Inc. entered a definitive agreement to be acquired by an affiliate of Lone Star Funds in an all-cash transaction valued at $3.8 billion enterprise value.

- Type: Acquisition
- Announced: 2025-10-14
- Where: Batesville, Indiana, United States
- Value: $3.80B
- Status: announced
- Products: engineered processing equipment, plastics processing technology
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Hillenbrand](https://endata.com/companies/414.md) (target)
- [Lone Star Funds](https://endata.com/companies/8698.md) (acquirer)
- [Coperion](https://endata.com/companies/11985.md) (partner)

## Sources

- [ground.news](https://ground.news/article/lone-star-nears-deal-to-buy-plastic-parts-maker-hillenbrand), 2025-10-14: "Hillenbrand, Inc. (NYSE: HI) announced today that it has entered into a definitive agreement to be acquired by an affiliate of Lone Star Funds in an all-cash transaction valued at $32.00 per share, equating to an enterprise value of approximately $3.8 billion."
- [hillenbrand.com](https://hillenbrand.com/corporate-news/hillenbrand-announces-agreement-to-be-acquired-by-lone-star-for-32-00-per-share/), 2025-10-15: "We are pleased to reach this agreement with Lone Star, which delivers immediate and certain cash value to our shareholders at a substantial premium to recent trading."
- [plasticstoday.com](https://www.plasticstoday.com/business/lone-star-acquires-hillenbrand-for-3-8-billion), 2025-10-15: "Batesville, IN-based Hillenbrand Inc. will be acquired by an affiliate of Lone Star Funds in a $3.8 billion all-cash deal that takes the industrial equipment manufacturer private."
- [commercialbaking.com](https://commercialbaking.com/acquisition-on-the-horizon-for-coperion-parent-company/), 2025-10-15: "Hillenbrand, Inc. announced that it has entered into a definitive agreement to be acquired by an affiliate of Lone Star Funds in an all-cash transaction valued at $32 per share, equating to an enterprise value of approximately $3.8 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.