Skadden Helps Hillenbrand Acquire $530M Equipment Co.

Law360, New York (October 16, 2012, 2:16 PM EDT) -- Industrial corporation Hillenbrand Inc. plans to scoop up German manufacturing company Coperion Capital GmbH from private equity-backed Deutsche Beteiligungs AG  for about €408 million ($530 million), considerably bulking up its process equipment group, the companies announced Tuesday.

As part of the deal, which will be financed by a mix of cash and credit facilities, Hillenbrand will assume about €76 million of Coperion's net debt and €100 million pension liability, the companies said. In return, Coperion will become the largest unit in Hillenbrand's process equipment group and...
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