Hillenbrand has entered into a definitive agreement to acquire privately held ROTEX Global for $240 million in cash, subject to certain closing and post-closing adjustments. Based in Cincinnati, Ohio, ROTEX is a leading manufacturer of dry material separation machines and replacement parts and accessories used in a broad range of domestic and international industries. It is a pioneer and global leader in the development of screening equipment and technology for the process industries. It offers an innovative line of separation equipment that includes: gyratory and vibratory screeners and sifters for dry applications, liquid-solid separators for wet applications, automated particle size analysers, and vibratory feeders and conveyors.

ROTEX® Parts & Service offers a full range of genuine replacement parts and rebuild services.

After the closing of this transaction, ROTEX will become the third line of business under Hillenbrand’s Process Equipment Group. The two existing lines are K-Tron, which focuses primarily on feeding and pneumatic conveying equipment, and the Size Reduction Group, which concentrates on crushing equipment, conveying systems and screening equipment, operating under three brands: Pennsylvania Crusher, Gundlach and Jeffrey Rader.

“ROTEX products complement both existing Process Equipment Group business lines, while giving us additional reach into new high-growth applications and geographies,” said Kenneth A. Camp, Hillenbrand’s president and chief executive officer. “In addition, the ROTEX global growth strategy allows us to leverage our existing plans for the Process Equipment Group’s expansion, particularly in Europe and Asia.