HI News & Events

Hillenbrand announced that its shareholders voted at the special meeting of shareholders to approve the proposed acquisition of Hillenbrand by an affiliate of Lone Star Funds. Subject to the satisfaction or waiver of the remaining conditions to closing, the transaction is expected to close by the end of the first quarter of calendar year 2026. Under the terms of the definitive agreement with Lone Star, upon completion of the transaction, Hillenbrand shareholders will be entitled to receive $32.00 in cash, without interest and subject to any applicable withholding taxes, for each share of Hillenbrand common stock they owned immediately before the completion of the transaction.

Reports Q4 revenue $652M, consensus $594.07M. "Our teams delivered strong results in the fourth quarter, underpinned by focused execution of our strategic initiatives amid the evolving macroeconomic backdrop," said CEO Kim Ryan. "Over the past several years, Hillenbrand has transformed into a pure-play global industrial company, strategically invested in the business, and carefully managed costs. The transformation, along with these other actions, helped position us for long-term success and led to external interest in Hillenbrand. We are excited about the pending acquisition by Lone Star and remain focused on serving our customers through the transition period."