Jul 20, 2022ACQUISITIONNantes, France Hillenbrand to acquire LINXIS Group for EUR 572 million
Hillenbrand has signed a binding offer to acquire LINXIS Group, a global provider of mixing, ingredient automation, and portioning solutions for the food industry, for an enterprise value of approximately EUR 572 million.
Value
$583.0M (572.0M EUR)
Productsmixing systemsingredient automation solutionsportioning solutionsdosing, kneading, mixing, granulating, drying and coating technologies
“LINXIS Group will continue to build upon our profitable growth strategy by further strengthening and accelerating our position in the attractive food end market and enhancing the technical capabilities of our products and service offerings.”prnewswire.com
- 3 sources
- prnewswire.comHillenbrand Announces Binding Offer to Acquire LINXIS Group, a Global Leader in Process Equipment and Automation Solutions for the Food IndustryHillenbrand, Inc.Jul 20, 2022
- cfnews.netLinxis s'adosse à un américain | CFNEWSAurore BarlierJul 22, 2022
- sustainabilitymea.comHillenbrand snaps up Linxis Group from IK Partners in a deal ...FrankAug 2, 2022
Summarized from public sources; check the original articles before acting on it.
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