Hillenbrand to Buy Herbold
Move positions company to offer recyclers an integrated solution for material preparation—from washing and separation to compounding.
Hillenbrand announced it has agreed to purchase Herbold Meckesheim for €80 million (roughly $81.1 million). Herbold Meckesheim is a German manufacturer of recycling systems, specializing in washing, separating, drying, shredding, and pulverizing.
Crushed plastic recyclate. Photo: Getty
Hillenbrand, which began as a casket company in 1906 and still owns Batesville, began acquiring industrial companies in 2010. In 2012 it acquired Coperion, a manufacturer of compounding systems.
Herbold will become part of Hillenbrand’s Advanced Processing Solutions (APS) segment, along with Coperion and Rotex. The APS segment is focused on highly engineered industrial processing solutions and aftermarket parts and services for a variety of end markets and applications. The addition of Herbold will position Hillenbrand to offer recyclers an integrated solution for material preparation, from washing and separation to compounding.
Hillenbrand is also the owner of Milacron and Mold-Masters, both acquired in 2019.
Related Content
-
Novel Line Turns Fluff to Blown Film
Processor Bioflex of Mexico is utilizing Reifenhäuser Blown Film’s EVO Fusion technology to integrate postindustrial and postconsumer recycled materials into products.
-
Shredding Thin Film: How to Do It Right
While many processors recoil at this task, a little know-how in shredding equipment, processing, and maintenance should add the necessary confidence.
-
Scaling Up Sustainable Solutions for Fiber Reinforced Composite Materials
Oak Ridge National Laboratory's Sustainable Manufacturing Technologies Group helps industrial partners tackle the sustainability challenges presented by fiber-reinforced composite materials.
