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Hillenbrand Completes Acquisition of Peerless Food Equipment

PR Newswire - Thu Dec 1, 2022

BATESVILLE, Ind., Dec. 1, 2022 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) announced today it has completed the acquisition of the Peerless Food Equipment division of Illinois Tool Works Inc. for a purchase price of approximately $59 million, subject to customary post-closing adjustments, using available borrowings under its existing credit facility.  

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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