Lone Star Funds Completes $3.8 Billion Acquisition of Hillenbrand

Lone Star Funds Completes Acquisition of Hillenbrand

Batesville, Indiana – February 10, 2026 – Lone Star Funds has finalized its acquisition of Hillenbrand, Inc., marking a significant milestone in the industrial sector. This all-cash deal, valued at approximately $3.8 billion, follows the announcement made on October 15, 2025, and has gained approval from the shareholders of Hillenbrand during a special meeting on January 8, 2026.

Hillenbrand, known for its highly-engineered processing equipment and solutions, is now set to leverage Lone Star’s expertise to accelerate its growth trajectory. Kim Ryan, the President and CEO of Hillenbrand, expressed optimism regarding the partnership, stating, “With the close of this transaction, we will continue building on the momentum that is already underway. Our focus remains on serving our customers and delivering sustainable growth together with Lone Star.”

The establishment of this partnership comes at a time when Hillenbrand has been looking for ways to enhance its operational efficiencies and diversifying its product offerings. The acquisition not only provides Hillenbrand with capital but also aligns its strategic goals with Lone Star’s resources and investment capabilities. Donald Quintin, the CEO of Lone Star, emphasized the firm’s commitment to fostering innovation within Hillenbrand, highlighting that Hillenbrand is poised for further growth due to its robust position in various large markets, including durable plastics, food production, and recycling.

One of the immediate impacts of this acquisition is the cessation of trading of Hillenbrand’s common stock on the New York Stock Exchange, followed by its delisting. The company, however, will continue to operate under its established brand name, ensuring continuity for its clients and stakeholders.

The significance of Lone Star's investment spans across various sectors, particularly those that Hillenbrand serves. The company’s mission is to shape what matters for tomorrow through excellence and innovation. With this acquisition, both entities are focusing on delivering differentiated, customer-centric solutions worldwide, molding a future tailored to the needs of their markets.

Furthermore, Hillenbrand's strategic vision aligns seamlessly with Lone Star's investment philosophy. Over the years, Lone Star has an established reputation for navigating complex investment scenarios, showcasing a history of empowering companies to unlock their true potential. The combination of Hillenbrand’s innovative spirit and Lone Star’s investment acumen is anticipated to yield substantial dividends, propelling both companies toward a prosperous future.

The news of this acquisition resonates well with investors and industry analysts alike, as it underscores the growing trend of consolidation within the industrial and processing sectors. Many see this as a necessary evolution for companies looking to survive and thrive in a highly competitive marketplace.

With Hillenbrand under Lone Star’s wing, the expectation is set high. Stakeholders are keen on witnessing how this partnership will unfold, particularly in expanding their product ranges, enhancing operational efficiencies, and capturing new market opportunities. This transaction not only reaffirms Lone Star's commitment to strategic investments but also aims at fostering long-term relationships and sustainable practices within the industries served by Hillenbrand.

As the transaction reflects a trending focus on acquisitions in the industry, the integrated vision of both firms suggests a transformative phase ahead, filled with opportunities tailored towards enhancing customer experiences and championing innovative solutions. Investors will be watching closely, eager to see the tangible benefits that arise from this strategic partnership, which promises to leave an indelible mark on the industrial equipment landscape for years to come.