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Hillenbrand Inc. has announced plans to sell a 51 percent stake in its Cincinnati-based subsidiary Milacron LLC, to an affiliate of Boston-based investment firm Bain Capital. Hillenbrand, which is ...

Shares of industrial processing equipment and solutions provider Hillenbrand (NYSE:HI) fell 6.8% in the afternoon session after the company reported a mixed quarter. While Hillenbrand exceeded ...

Industrial processing equipment and solutions provider Hillenbrand (NYSE:HI) beat Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 8.6% year on year to $706.9 million.

Batesville, Ind.-based Hillenbrand Inc. is selling the majority of its Milacron injection molding and extrusion business to an affiliate of Bain Capital for $287 million. The sale of 51 percent of ...

Hillenbrand Inc. decided to sell a majority stake in its Milacron plastics machinery business rather than a full divestiture following a portfolio review, President and CEO Kim Ryan said.

The company will retain an ownership stake of approximately 49%. This transaction reflects the continued execution of Hillenbrand’s (HI) portfolio transformation and profitable growth strategy.

BATESVILLE, Ind. (AP) — BATESVILLE, Ind. (AP) — Hillenbrand Inc. (HI) on Wednesday reported net income of $6.4 million in its fiscal first quarter. The Batesville, Indiana-based company said ...