USA- Indiana-based processing equipment and solution provider Hillenbrand recently announced plans to acquire Schenck Process’ Food and Performance Materials (FPM) for approximately US$730 million. The transaction is expected to close during Hillenbrand’s fiscal fourth quarter of 2023, subject to regulatory approvals and other customary closing conditions. According to a press release by the company, Hillenbrand expects to use cash on…
Read MoreHillenbrand to amplify its North American presence with Schenck Process Group US$730m acquisition
