Hillenbrand’s Acquisition of Peerless successfully completed
Stuttgart, December 2022 –Hillenbrand, Inc.’s acquisition of Peerless Food Equipment, a premier global, commercial food equipment and solutions provider, is complete. Peerless will be a part of the Coperion Food, Health & Nutrition Division, headed by Kevin Buchler as President. The equipment and solutions offered by Peerless will allow Coperion to further expand their technical capabilities and, in turn, better support global customers and expand their highly engineered equipment solutions and offerings.
Peerless will be integrated into Coperion’s Food, Health, and Nutrition Division, joining LINXIS Group. Peerless has a strong reputation with highly complementary technologies to the equipment currently offered within the division. Integrating Peerless will provide scale and support to grow customer offerings in the food industry. Together, Coperion, LINXIS Group and Peerless will have an expanded global footprint that leverages their respective expertise and provides opportunities to grow their portfolios, technological capabilities, and further strengthen their position in the food end market.
“We are confident Peerless will be an excellent fit within Coperion’s Food, Health and Nutrition Division, as we share philosophies of engineering innovation and a deep commitment to customers. By leveraging our combined capabilities, we will be able to provide more comprehensive processing solutions, which will significantly enhance our value proposition to customers.“ – Eric Cruse, General Manager, Peerless Food Equipment
Coperion’s Food, Health, and Nutrition division includes LINXIS Group as well as Coperion’s Food & Pharma business and is a leading global provider of mixing, ingredient automation, and portioning solutions for food and other higher growth end markets. The Food, Health & Nutrition division has more than 1,000 associates across seven brands – Bakon, Coperion, Diosna, Shaffer, Shick Esteve, Unifiller, and VMI – that serve customers in more than 100 countries. LINXIS Group is part of the Food, Health & Nutrition Division of Coperion since Oct 6, 2022.
“The acquisition of Peerless builds upon recent investments at Hillenbrand. Strategically, the premier industrial equipment and technologies Peerless provides to customers around the world, as well as their strong reputation in the industry, will be instrumental in even further expanding Coperion’s position in the food industry.” - Kevin Buchler, President of Coperion’s Food, Health & Nutrition Division
Exhibitor Data Sheet