Hillenbrand Completes Divestiture of Minority Stake in TerraSource Holdings, Further Refining Portfolio
BATESVILLE, Ind. – July 1, 2025 – Hillenbrand, Inc. (NYSE: HI), a global diversified industrial company, today announced the successful completion of its divestiture of its minority stake in TerraSource Holdings. This strategic move marks a significant step in Hillenbrand’s ongoing efforts to streamline its business and focus on its core growth platforms.
The divestiture of the minority interest in TerraSource Holdings, which operates in the recycling and materials processing industry, aligns with Hillenbrand’s stated strategy to enhance its focus on high-growth, high-margin businesses. By completing this transaction, Hillenbrand is further optimizing its portfolio to drive greater value for its shareholders and stakeholders.
“We are pleased to have successfully completed the divestiture of our minority stake in TerraSource Holdings,” said Kim K. Underwood, President and Chief Executive Officer of Hillenbrand. “This transaction is a key component of our strategy to sharpen our focus on our core businesses and pursue opportunities that offer the greatest potential for profitable growth. We are confident that this move will allow us to better allocate resources and capital to areas where we can create the most significant long-term value.”
While specific financial details of the transaction were not disclosed, the divestiture is expected to contribute to Hillenbrand’s financial flexibility and support its strategic growth initiatives. The company remains committed to its disciplined capital allocation approach, prioritizing investments in organic growth, strategic acquisitions, and returning capital to shareholders.
Hillenbrand’s portfolio transformation has been a central theme in recent years, as the company has strategically acquired businesses that complement its existing strengths in areas such as advanced manufacturing, material processing, and environmental solutions. The divestiture of non-core assets, such as this minority stake, is a natural progression in this journey, allowing for a more concentrated and impactful business.
Looking ahead, Hillenbrand is well-positioned to capitalize on favorable market trends within its chosen sectors. The company’s robust innovation pipeline and commitment to operational excellence are expected to drive continued performance and shareholder returns. Hillenbrand’s leadership expressed gratitude to the TerraSource Holdings team for their partnership and wished them continued success.
Hillenbrand Completes Divestiture of Minority Stake in TerraSource Holdings
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