Hillenbrand sells Cimcool business to DuBois Chemicals for $224 million

Hillenbrand has reached a definitive agreement to sell its Cimcool business to DuBois Chemicals for approximately $224 million in cash, with potential additional contingent payments up to $26 million. The sale is part of Hillenbrand's strategic review following its acquisition of Milacron.

“Hillenbrand, Inc. announced today that it has reached a definitive agreement to sell its Cimcool business to DuBois Chemicals, Inc.”prnewswire.com

• 3 sources
• prnewswire.comHillenbrand Announces Definitive Agreement to Sell Cimcool Business to DuBois Chemicals, Inc.Hillenbrand, Inc.Mar 20, 2020
• everchem.comQ1 Chemical M&A - Everchem Specialty ChemicalsApr 7, 2020
• everchem.comQ1 Chemical M&A - Everchem Specialty ChemicalsApr 7, 2020

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