Hillenbrand to acquire Coperion

Renowned coffin maker Hillenbrand may acquire the German material handling equipment company Coperion Capital GmbH. Hillenbrand plans to diversify into industrial material handling business as its core segment of coffin production has been hit due to a slump in demand. The company currently gets two-thirds of its revenue from the coffins segment. The deal value of Ç408 mn includes debt and pension liabilities. Contact: Coperion GmbH. Tel: +49-711 897 0. Website: www.coperion.com