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Thursday, October 18, 2012# f' r& h5 i A% s9 t7 B
2 X! p) D* ^; e/ V7 i
Stuttgart, Germany - Hillenbrand has agreed to acquire the Coperion Group, Stuttgart, Germany. The transaction is anticipated to close by December 31, 2012, subject to regulatory approvals. Hillenbrand, a U.S.-based, strategic global diversified industrial company, will acquire Coperion from Deutsche Beteilungs, a leading German private equity company. Coperion will be part of Hillenbrand’s Process Equipment Group (PEG). The PEG is a recognized leader in the design, production, marketing and servicing of equipment and systems used in processing applications for a wide range of industrial markets. Its three operating companies are K-Tron, which focuses primarily on feeding and pneumatic conveying equipment; Rotex, a manufacturer of separation equipment, including gyratory and vibratory screeners and sifters; and TerraSource Global, which makes size reduction equipment, conveying systems and screening equipment, operating under the three brands Pennsylvania Crusher, Gundlach and Jeffrey Rader. |
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