Hillenbrand agrees to sell storied Batesville Casket Co. for $761M

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6 thoughts on “Hillenbrand agrees to sell storied Batesville Casket Co. for $761M

    1. It’s good they recognize that because it’s true. So many people don’t want a casket anymore.

    2. They pivoted back in like 2008 – if you buy an Urn in Indiana it is likely from them as well

  1. Hillenbrand split Hill-Rom into a separate publicly traded company in 2008. Baxter bought Hill-Rom in 2021.

    Batesville Casket was the only company Hillenbrand owns in Indiana and represented about 25% of their total revenue. The next major story for Hillenbrand will be moving their HQ location out of the state.

  2. Agree with Rich M., hope I’m wrong but this was not a good day for the city of Batesville. The negative consequences of having an out-of-state investment company as the owner of the Casket Co. operations does not equate to a long-term commitment nor short-term stability. They will likely not be stewards of the city as the Hillenbrand company has admirably been for decades.

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