Brief: Hillenbrand To Acquire Herbold Meckesheim
30/06/2022 23:07
June 30 (Reuters) - Hillenbrand Inc HI.N :
* HILLENBRAND TO ACQUIRE HERBOLD MECKESHEIM, EXPANDING
CUSTOMER
OFFERING FOR COMPLETE RECYCLING SOLUTIONS
* HILLENBRAND INC - DEAL FOR AN ENTERPRISE VALUE OF
APPROXIMATELY
EUR 79 MILLION
* HILLENBRAND INC - EXPECTS TO USE CASH ON HAND AND CASH
AVAILABLE
UNDER ITS REVOLVING CREDIT FACILITY TO FUND ACQUISITION
* HILLENBRAND - HERBOLD WILL JOIN COPERION AND ROTEX BRANDS
AS
PART OF CO'S ADVANCED PROCESS SOLUTIONS (APS) SEGMENT AT
COMPLETION OF TRANSACTION
Source text for Eikon: ID:nPn4hybV6a
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