Hillenbrand Finalizes Sale of Minority Interest in TerraSource Holdings for $245 Million

Hillenbrand Completes Divestiture of Minority Stake in TerraSource Holdings

Hillenbrand, Inc. (NYSE: HI), a prominent player in the global industrial equipment market, has announced the successful divestment of its minority stake in TerraSource Holdings. This strategic move, carried out in collaboration with its joint venture partner, marks a significant transition for the company amidst a changing economic landscape.

Details of the Transaction

On July 1, 2025, Hillenbrand revealed that the divestiture involves a total purchase price of approximately $245 million. Of this amount, Hillenbrand is set to receive about $115 million, which will be allocated primarily to reduce the company's existing debts. This financial decision underscores Hillenbrand's commitment to maintaining a solid balance sheet and positioning itself for future growth opportunities.

The divestment points to Hillenbrand's ongoing strategy to streamline operations and focus on its core competencies within the industrial sector. By reducing debt, the company aims to enhance its financial stability and investment capacity for innovative technologies and product development.

A Closer Look at Hillenbrand

Founded with the mission of delivering critically needed industrial solutions, Hillenbrand operates a diverse portfolio of leading brands that cater to key markets such as durable plastics, food processing, and recycling. The company’s guiding principle, **