Lone Star near deal to buy Hillenbrand - Bloomberg

[Connected puzzle pieces with the acronym M&A. Merger and acquisition in business]
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Hillenbrand (NYSE:HI [https://seekingalpha.com/symbol/HI]) +20.7% post-market Tuesday following a Bloomberg report that Lone Star Funds is in advanced talks to acquire [https://www.bloomberg.com/news/articles/2025-10-14/lone-star-nears-deal-to-buy-plastic-parts-maker-hillenbrand] the plastic parts and equipment maker, in a deal that could be announced as soon as this week.

Hillenbrand (NYSE:HI [https://seekingalpha.com/symbol/HI]), which reportedly has been exploring a sale since August [https://seekingalpha.com/news/4484764-hillenbrand-jumps-on-report-its-exploring-possible-sale], closed at $26.49 Tuesday in New York, giving the company a market value of ~$1.87 billion.

Apollo Global Management (APO [https://seekingalpha.com/symbol/APO]) and Stellex Capital Management also were said to be among the final suitors for Hillenbrand (HI [https://seekingalpha.com/symbol/HI]).

The company produces plastic parts and equipment for companies in the automotive, packaging, construction and electronics industries, and its customers include Dow Inc. and General Mills.

MORE ON HILLENBRAND

* Hillenbrand: Refrain From Buying Into Recent Buyout Rumors [https://seekingalpha.com/article/4826865-hillenbrand-refrain-from-buying-into-recent-buyout-rumors]
* Hillenbrand: Portfolio Transformation, Discounted Valuation, And Cyclical Recovery Set To Drive Upside [https://seekingalpha.com/article/4818082-hillenbrand-portfolio-transformation-discounted-valuation-cyclical-recovery-drive-upside]
* Hillenbrand Q3 2025 Earnings Call Transcript [https://seekingalpha.com/article/4812779-hillenbrand-inc-hi-q3-2025-earnings-call-transcript]