Hillenbrand completes acquisition of Schenck Process FPM business for $730M
Hillenbrand has completed the acquisition of the Schenck Process Food and Performance Materials business from Schenck Process Group for an enterprise value of approximately $730 million, adding over 1,300 employees and complementary technologies.
Productsfeeding, filtration, baking, and material handling technologies and systems
“The completion of the FPM acquisition further strengthens our leadership position across attractive, growing end markets of food, durable plastics, and chemicals.”hillenbrand.com
- 4 sources
- hillenbrand.comHillenbrand Completes Acquisition of the Schenck Process Food and Performance Materials Business, Accelerating Growth as a Global Industrial Leader - HillenbrandSep 1, 2023
- foodengineeringmag.comHillenbrand Completes Acquisition of Schenck Process’ Food and Performance Materials Business | Food EngineeringBy: Alyse Thompson-RichardsSep 7, 2023
- local12.comHillenbrand completes $730 million acquisitionSTEVE WATKINS Cincinnati Business CourierSep 12, 2023
- manufacturingdive.comHillenbrand acquires Schenck Process’s food, materials business for $730M | Manufacturing DiveSara SamoraSep 14, 2023
Summarized from public sources; check the original articles before acting on it.
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