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Hillenbrand has reached a definitive agreement to sell its Cimcool business to DuBois Chemicals for approximately $224 million in cash, with potential additional contingent payments up to $26 million. The sale is part of Hillenbrand's strategic review following its acquisition of Milacron.
Altas Partners has signed a definitive agreement to acquire DuBois Chemicals, a specialty chemical supplier, from The Jordan Company. Financial terms were not disclosed.