Hillenbrand - M&A Summary and Business Overview

MachineryCompany

Hillenbrand M&A Summary

Hillenbrand has acquired 8 companies, including 3 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 5 assets.

Hillenbrand’s largest acquisition to date was in 2023, when it acquired Schenck Process for $7.3B. It’s largest disclosed sale occurred in 2021, when it sold ABEL Pumps to IDEX for $104M. Hillenbrand has acquired in 4 different US states, and 3 countries. The Company’s most targeted sectors include machinery (88%) and plastics (13%).

Hillenbrand Business Overview

Where is Hillenbrand headquartered?

Hillenbrand is headquartered in Batesville, Indiana.

What is Hillenbrand’s revenue?

Hillenbrand disclosed revenue of 2,826M USD for 2023 and 2,315M USD for 2022.

How many employees does Hillenbrand have?

Hillenbrand has 10,400 employees.

What sector is Hillenbrand in?

Hillenbrand is a machinery company.

When was Hillenbrand founded?

Hillenbrand was founded in 1906.

M&A Summary

  • M&A Total Activity13
    • M&A Buy Activity8
    • M&A Sell Activity5
  • Total Sectors Invested 2
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 10
  • M&A Advisors 8

Hillenbrand

Hillenbrand, Inc.

One Batesville Boulevard,
Batesville, Indiana 47006
United States,
(812) 931-5000
www.hillenbrand.com

Hillenbrand is a diversified industrial company with multiple market-leading brands that serve a wide variety of industries across the globe. Hillenbrand's portfolio is composed of two business segments: the Process Equipment Group and Batesville. The Process Equipment Group businesses design, develop, manufacture and service highly engineered industrial equipment around the world. Batesville is a recognized leader in the North American death care industry. Hillenbrand was founded in 1906 and is based in Batesville, Indiana.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # 6 - - 1 1 - 8
vol $3.3B $645M $7.3B $11.3B
Sell (1.0/yr) # - 1 3 - 1 - 5
vol $104M $104M
  13

Most Recent M&A

Company Date Value Type
Schenck Process LLC 2023-05-24 7.3B USD Divestiture
Kansas City, Missouri
Batesville Casket Co., Inc. 2023-02-01 - Divestiture
Batesville, Indiana · www.batesville.com
Linxis Group 2022-07-20 645M EUR Add-on Acquisition
Nantes, France · www.linxisgroup.com
TerraSource Global Corp. 2021-11-03 - Divestiture
St. Louis, Missouri · www.terrasource.com
ABEL Pumps LP 2021-01-11 104M USD Divestiture
Pittsburgh, Pennsylvania · www.abelpumps.com
Red Valve Co., Inc. 2021-01-01 - Divestiture
Pittsburgh, Pennsylvania · www.redvalve.com
Hillenbrand, Inc. - Cimcool Business 2020-03-20 - Divestiture
Batesville, Indiana
Milacron Holdings Corp. 2019-07-12 2.0B USD Add-on Acquisition
Cincinnati, Ohio · www.milacron.com
Red Valve Co., Inc. 2016-02-02 132M USD Add-on Acquisition
Pittsburgh, Pennsylvania · www.redvalve.com
ABEL Pumps LP 2015-09-02 107M EUR Divestiture
Pittsburgh, Pennsylvania · www.abelpumps.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Machinery 7 (88%) 9.3B (82%) 3 (60%) 104M (100%)
Plastics 1 (13%) 2.0B (18%) - -
Chemicals - - 1 (20%) -
Consumer Services - - 1 (20%) -
Total 8 $11.3B 5 $104M

By Geo

State/Country Buy Value Sell Value
United States 6 10.2B 5 104M
  Pennsylvania 2 239M 2 104M
  Ohio 2 2.2B - -
  Missouri 1 7.3B 1 -
  Indiana - - 2 -
  New Jersey 1 390M - -
France 1 645M - -
Germany 1 460M - -
Domestic 6 (75%) 10.2B (90%) 5 (100%) 104M (100%)
Cross-border 2 (25%) 1.1B (10%) - -
Total 8 $11.3B 5 $104M

Top M&A Advisors

Financial Deals
P&M Corporate Finance LLC
2
Houlihan Lokey
1
J.P. Morgan Securities
1
Legal Deals
Skadden, Arps, Slate, Meagher & Flom
4
Linklaters
1

Deal Values

buy # Total
> $1B 2 $9.3B
$100M to $1B 6 $2.0B
TOTAL $11.3B
Largest Schenck Process LLC
$7.3B (2023-05-24)
sell # Total
$100M to $1B 1 $104M
TOTAL $104M
Largest ABEL Pumps LP
$104M (2021-01-11)

M&A Connections

Deals
Acquired from
Investor(s)
38%
3 (38%)
Strategic(s)
25%
2 (25%)
Divested to
Investor(s)
40%
2 (40%)
Strategic(s)
60%
3 (60%)

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