Lone Star Completes Acquisition of Hillenbrand for $3.8 Billion

Tuesday, Feb 10, 2026 8:39 am ET1min read
HI--

Lone Star Funds has completed the acquisition of Hillenbrand in an all-cash transaction with a total enterprise value of approximately $3.8 billion. Hillenbrand's common stock has ceased trading and will be delisted from the New York Stock Exchange. The company will continue to operate under the Hillenbrand name, with its management team partnering with Lone Star to drive growth and innovation.

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