M&A Deal Summary |
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---|---|
Date | 2023-05-24 |
Target | Schenck Process Food and Performance Materials |
Sector | Machinery |
Buyer(s) | Hillenbrand |
Sellers(s) | Schenck Process |
Deal Type | Divestiture |
Deal Value | 7.3B USD |
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Category | Company |
---|---|
Founded | 1906 |
Sector | Machinery |
Employees | 10,400 |
Revenue | 2.8B USD (2023) |
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.
DEAL STATS | # |
---|---|
Overall | 8 of 8 |
Sector (Machinery) | 7 of 7 |
Type (Divestiture) | 2 of 2 |
State (Missouri) | 1 of 1 |
Country (United States) | 6 of 6 |
Year (2023) | 1 of 1 |
Size (of disclosed) | 1 of 8 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2023-02-01 |
Batesville
Batesville, Indiana, United States Batesville is a death care company that offers a comprehensive portfolio of burial and cremation products, memorialization options, and innovative technology solutions. For more than a century, it has supported licensed funeral professionals in helping families honor the lives of those they love. Batesville is based in Batesville, Indiana. |
Sell | - |
Category | Company |
---|---|
Founded | 1881 |
Sector | Machinery |
Employees | 1,800 |
Revenue | 408M EUR (2013) |
Schenck Process is a provider of solutions in measuring and process technologies in industrial weighing, feeding, screening and automation. Schenck develops, manufactures and markets a full range of solutions, products and turnkey systems on the basis of combining process engineering expertise, reliable components and field-proven technology. Schenck Process was founded in 1881 and is based in Darmstadt, Germany.
DEAL STATS | # |
---|---|
Overall | 2 of 2 |
Sector (Machinery) | 2 of 2 |
Type (Divestiture) | 2 of 2 |
State (Missouri) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2023) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2022-05-09 |
SP Mining
Australia SP Mining is a global provider of high-capacity screening solutions, highly complementary to Sandvik's offering, and with a strong aftermarket business which includes application support, screen refurbishment, product engineering design and manufacturing and digital support services. Main R&D and production sites are located in Australia, with additional production units in South Africa, Brazil and China. |
Sell | - |