Hillenbrand completes acquisition of Peerless Food Equipment for $59M

Hillenbrand has completed the acquisition of the Peerless Food Equipment division of Illinois Tool Works for approximately $59 million. Peerless will be integrated into Hillenbrand's Advanced Process Solutions segment.

“The equipment and solutions offered by Peerless are highly complementary to those offered under our LINXIS Group brands.”prnewswire.com

• 2 sources
• prnewswire.comHillenbrand Completes Acquisition of Peerless Food EquipmentHillenbrand, Inc.Dec 1, 2022
• einpresswire.comHillenbrand's Acquisition of Peerless successfully completed: Peerless Food Equipment to Join CoperionDec 2, 2022

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