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Hillenbrand, Inc.

United States, Indiana, Batesville
Updated Jul 18, 2024 10:13
Description
Hillenbrand is a global diversified industrial company with multiple leading brands that serve a wide variety of industries worldwide. It has three very distinct businesses: Advanced Process Solutions designs, develops, manufactures, and services highly engineered industrial equipment throughout the world; Molding Technology Solutions, a global leader in highly engineered and customized systems and service in plastic technology and processing; and Batesville, a recognized leader in the death care industry in North America. Founded by John A. Hillenbrand in 1906, Hillenbrand generates just about 45% of its sales in the US. In late 2022, Hillenbrand entered into a definitive agreement to sell its Batesville business segment to an affiliate of private equity firm, LongRange Capital, for approximately $761.5 million, which includes an $11.5 million sub-note.
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