Stuttgart, May 2023 – Hillenbrand, Inc. announced today that it has entered into a definitive agreement to acquire Schenck Process Food and Performance Materials (FPM) business, a portfolio company of Blackstone. FPM specializes in the design, manufacturing, and service of, among other technologies, feeding, filtration, baking, depositing, milling, and material handling equipment, and systems for the food, plastics, chemicals, and construction material industries. At closing, FPM will become a part of Coperion’s Food, Health & Nutrition Division, joining previous acquisitions Linxis Group, Peerless, and Gabler. In addition, their Performance Materials business brings additional products and an expansion of existing product lines to Coperion’s polymer portfolio, as well as applications know-how in the construction materials and chemicals space.

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