Hillenbrand, Inc. (NYSE:HI) acquired BM&M Screening Solutions Ltd. for $26.2 million.
January 28, 2019
Share
Hillenbrand, Inc. (NYSE:HI) acquired BM&M Screening Solutions Ltd. for $26.2 million in November, 2018. The consideration is paid in cash and revolving credit facility is used to fund the acquisition. BM&M will operate as a business unit of Rotex Global. EC Mergers & Acquisitions acted as the financial advisor to Hillenbrand.
Hillenbrand, Inc. (NYSE:HI) completed the acquisition of BM&M Screening Solutions Ltd. in November, 2018
Hillenbrand, Inc. is a global industrial company that provides processing equipment and solutions. The Company operates through two segments: advanced process solutions and molding technology solutions. The advanced process solutions segment is a provider of process and material handling equipment, systems, and aftermarket parts and services for a variety of industries, including durable plastics, food and recycling. This segment's technologies include compounding, extrusion, material handling, conveying, mixing, ingredient automation, portion process, and screening and separating equipment. The molding technology solutions segment provides equipment, systems and aftermarket parts and service for the plastic technology processing industry. This segment has a product portfolio that includes injection molding and extrusion equipment, hot runner systems, mold bases and components, and maintenance, repair, and operating supplies. Its brands include Coperion, Milacron, K-Tron and Rotex.
HILLENBRAND, INC. 
