Lone Star has completed its acquisition of Hillenbrand in an all-cash transaction valued at $3.8 billion.
Founded in 1906 as the Hillenbrand Funeral Services Company by John Hillenbrand, Hillenbrand is an industrial manufacturer of processing equipment that operates through two main segments: Advanced Process Solutions (APS) and Molding Technology Solutions (MTS). Customers include large OEMs and tiered suppliers operating in the automotive, medical devices, consumer packaging, construction m...
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