DeZURIK completes acquisition of Hillenbrand's Red Valve business for $63 million

DeZURIK acquired Hillenbrand's Red Valve business on December 31, 2020 at an enterprise value of $63 million, including a $58 million cash payment and a $5 million note. Hillenbrand announced the completed sale on January 4, 2021.

“DeZURIK acquired Red Valve on Dec. 31 at an enterprise value of $63 million, subject to customary post-closing adjustments.”inddist.com

• 1 source
• inddist.comHillenbrand Slims Down by Selling Abel Pumps, Red Valve Businesses | Industrial DistributionJan 11, 2021

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