Linklaters advised Hillenbrand, Inc., a global industrial company operating in over 40 countries, on its binding offer to acquire Linxis Group, a leading global provider of mixing, ingredient automation, and portioning solutions for food and other higher growth end markets, for an enterprise value of approximately €572 million.
Linxis Group has six market-leading brands – Bakon, Diosna, Shaffer, Shick Esteve, Unifiller, and VMI – that serve customers in over 100 countries. With a global footprint and headquarters in Nantes, France, Linxis Group specializes in the design, manufacturing, and service of dosing, kneading, mixing, granulating, drying and coating technologies that are complementary to the equipment and solutions offered under Hillenbrand’s Coperion brand.
Completion of the transaction is subject to customary works’ council consultation processes and regulatory approvals and clearances.
The Linklaters team was led from Paris by Pierre Tourres, partner, Mehdi Boumedine, counsel, Marie-Sarah Dib, managing associate and Anisah Inoussa, associate, on Corporate/M&A aspects. Anne Wachsmann, partner, Matthieu Blayney, counsel and Tanguy Laurioz, associate, were in charge of Antitrust & Foreign Investments aspects. Pierre Guillot, partner, Pierre Sikorav, managing associate, and Athanase de Guitaut, associate, were in charge of French Foreign Investment, Regulatory and Environmental matters. Géric Clomes, partner, and Cécile Boulé, associate, were in charge of employment matters. Françoise Maigrot, partner, Virginie Guerineau, Camille Lapeyre Sabatié de Chavardes and Marine Hennequin, associates, handled Real Estate matters. Pauline Debré, partner, and Marion Delvallet, associate, were in charge of Intellectual Property matters. Sonia Cissé, partner, and Julia Loiseau, associate, handled IT and Data Protection matters. Jean-Charles Jaïs, partner, and Estelle Hiard, associate, handled Litigation aspects. Lauren Hanley, counsel, Felix Cawthron, trainee solicitor in Banking, were in charge of financing matters.
The Amsterdam, Brussels, New York City and German offices of Linklaters were also involved on this transaction.