# 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.

- Type: Acquisition
- Announced: 2020-03-20
- Where: United States
- Value: $224.0M
- Status: announced
- Products: metalworking fluids, specialty chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Hillenbrand](https://endata.com/companies/414.md)
- [Hillenbrand](https://endata.com/companies/414.md) (partner)
- [Milacron](https://endata.com/companies/1344.md) (partner)
- [DuBois Chemicals](https://endata.com/companies/25269.md) (acquirer)
- [Dubois Chemical](https://endata.com/companies/42640.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/hillenbrand-announces-definitive-agreement-to-sell-cimcool-business-to-dubois-chemicals-inc-301027488.html), 2020-03-20: "Hillenbrand, Inc. announced today that it has reached a definitive agreement to sell its Cimcool business to DuBois Chemicals, Inc."
- [everchem.com](https://everchem.com/q1-chemical-ma/), 2020-04-07: "Hillenbrand | Dubois Chemical | Cimcool (metalworking fluids and lubricants) – $224v"
- [everchem.com](https://everchem.com/q1-chemical-ma-3/), 2020-04-07: "Hillenbrand | Dubois Chemical | Cimcool (metalworking fluids and lubricants) – $224v"

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