STUTTGART, GERMANY — Hillenbrand, Inc. has entered into a definitive agreement to acquire Schenck Process Food and Performance Materials (FPM) business. FPM designs, manufactures and services baking, depositing, milling, feeding, filtration and material handling equipment, as well as systems for the food, plastics, chemicals and construction material industries.
“We are excited to have a partner in Coperion that shares our commitment to providing leading solutions and service to customers that exceed their needs,” said Jay Brown, president of FPM. “This acquisition provides global growth opportunities this transaction presents, and I am confident that by combining our complementary strengths, we will be able to offer enhanced comprehensive processing solutions to customers around the world.”