Hillenbrand, Inc.’s acquisition of LINXIS Group was formally completed, the company announced in a news statement. LINXIS Group will be a part of the Coperion Food, Health & Nutrition Division.
Hillenbrand announced it signed a binding offer to acquire LINXIS Group for an enterprise value of approximately EUR 572 million. The sale is expected to finalize before the end of 2022.
LINXIS Group has announced the acquisition of Shaffer from Bundy Baking Solutions. Shaffer brings additional mixing expertise the group’s portfolio.
Tim Cook is the new president and CEO of the LINXIS Group, the French organization announced. The recent promotion follows his tenure as the CEO of Shick Esteve and the vice-president of the group
LINXIS Group and its key financial partner IK Investment Partners announced the acquisition of Bakon from managers and current investor Rabo Investments.