# 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.

- Type: Acquisition
- Announced: 2021-01-04
- Where: United States
- Value: $63.0M
- Status: completed
- Products: valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Hillenbrand](https://endata.com/companies/414.md) (partner)
- [Red Valve](https://endata.com/companies/415.md) (target)
- [DeZURIK](https://endata.com/companies/7478.md) (acquirer)

## Sources

- [inddist.com](https://www.inddist.com/mergers-acquisitions/news/21220723/hillenbrand-slims-down-by-selling-abel-pumps-red-valve-businesses), 2021-01-11: "DeZURIK acquired Red Valve on Dec. 31 at an enterprise value of $63 million, subject to customary post-closing adjustments."

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