---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-097496"
form_type: "8-K"
ticker: null
cik: "0001417398"
company_name: "Hillenbrand, Inc."
filed_at: "2023-09-01T23:59:59+00:00"
generated_at: "2026-06-11T00:26:00.037583+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hillenbrand closes $730M acquisition of Schenck Process FPM; expects $540M revenue, $68M EBITDA

## Summary
- Enterprise value ~$730M; total cash consideration ~$739M, subject to adjustments.
- FPM expected to generate ~$540M revenue and ~$68M EBITDA in full calendar year 2023.
- Deal is accretive to adjusted EPS in first full year; ROIC expected to exceed cost of capital by year five.
- FPM joins Advanced Process Solutions segment, expanding food, durable plastics, and chemical end markets.
- FPM has over 1,300 employees globally, with ~85% of revenue generated in North America.

## SEC filing metadata
- accession: 0001104659-23-097496
- form_type: 8-K
- cik: 0001417398
- company_name: Hillenbrand, Inc.
- filed_at: 2023-09-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1417398/000110465923097496/0001104659-23-097496-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1417398/000110465923097496/tm2325147d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-097496
- JSON: https://secwatch.observer/filing/0001104659-23-097496.json
- Plain text: https://secwatch.observer/filing/0001104659-23-097496.txt

## Key facts
- M&A Transactions
  Hillenbrand, Inc. completed an acquisition involving Schenck Process Holding GmbH for approximately $739 million in cash (closed 2023-09-01).
  - Action: acquisition
  - Counterparty: Schenck Process Holding GmbH
  - Consideration: approximately $739 million in cash
  - Closing: 2023-09-01
  source text: owned subsidiaries of Hillenbrand of all of the outstanding equity interests in entities that own the FPM operating companies for total aggregate consideration of approximately $739 million in cash, reflecting an enterprise value of approximately $730 million plus cash acquired at closing, subject to specified adjustments as set forth in the Agreement. The
  evidence_url: https://www.sec.gov/Archives/edgar/data/1417398/000110465923097496/0001104659-23-097496-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.