Hillenbrand Completes Rotex Acquisition

BATESVILLE, Ind., Sept. 1, 2011 /PRNewswire/ — Hillenbrand, Inc. (NYSE: HI),
has completed its previously announced acquisition of privately held Rotex
Global, LLC, for a purchase price of $240 million in cash, subject to certain
post-closing adjustments.

Based in Cincinnati, Ohio, Rotex is a leading manufacturer of dry material
separation machines and replacement parts and accessories used in a broad range
of domestic and international industries.

“We’re delighted to welcome this dynamic management team and workforce to our
family of companies,” said Kenneth A. Camp, Hillenbrand’s president and chief
executive officer. “The addition of Rotex advances Hillenbrand’s transformation
into a diversified industrial equipment company – a process that began with the
acquisition of K-Tron International in April of 2010. With Rotex, more than
one-third of Hillenbrand’s revenue will come from the Process Equipment Group as
we continue to expand our manufacturing portfolio.”

About Hillenbrand, Inc.

Hillenbrand (www.HillenbrandInc.com) is a diversified industrial enterprise with
multiple subsidiaries contained within two business platforms. Batesville
(www.batesville.com) is a leader in the North American death care industry
through the manufacture and sale of funeral services products, including burial
caskets, cremation caskets, containers and urns, burial vaults, selection room
display fixturing, and other personalization and memorialization products. The
Process Equipment Group is a recognized leader in the design, production,
marketing and servicing of equipment and systems used in processing applications
for a wide range of industrial markets. Its three operating companies are
K-Tron, which focuses primarily on feeding and pneumatic conveying equipment;
Rotex, a manufacturer of separation equipment, including gyratory and vibratory
screeners and sifters; and the Size Reduction Group, which makes size reduction
equipment, conveying systems and screening equipment, operating under three
brands: Pennsylvania Crusher, Gundlach and Jeffrey Rader. HI-INC-O

Disclosure Regarding Forward-Looking Statements

Throughout this release, we make a number of forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995. As the
words imply, forward-looking statements are statements about the future, as
contrasted with historical information. Our forward-looking statements are based
on assumptions and current expectations of future events that we believe are
reasonable, but by their very nature they are subject to a wide range of risks.
If our assumptions prove inaccurate or unknown risks and uncertainties
materialize, actual results could vary materially from Hillenbrand’s
expectations and projections.

Words that could indicate we’re making forward-looking statements include the
following:

intend believe plan expect may goal would
become pursue estimate will forecast continue could
targeted encourage promise improve progress potential should

This isn’t an exhaustive list, but is simply intended to give you an idea of how
we try to identify forward-looking statements. The absence of any of these
words, however, does not mean that the statement is not forward-looking.

Here’s the key point: Forward-looking statements are not guarantees of future
performance, and our actual results could differ materially from those set forth
in any forward-looking statements. Any number of factors — many of which are
beyond our control — could cause our performance to differ significantly from
what is described in the forward-looking statements. These factors include, but
are not limited to: the outcome of any legal proceedings that may be instituted
against Hillenbrand, Rotex or others following the acquisition; risks that the
acquisition disrupts current operations or poses potential difficulties in
employee retention or otherwise affects financial or operating results; the
ability to recognize the benefits of the acquisition, including potential
synergies and cost savings or the failure of the acquired company to achieve its
plans and objectives generally; recent global market and economic conditions,
including those related to the credit markets; volatility of our investment
portfolio; adverse foreign currency fluctuations; ongoing involvement in claims,
lawsuits and governmental proceedings related to operations; labor disruptions;
the dependence of our business units on relationships with several large
national providers; increased costs or unavailability of raw materials;
continued fluctuations in mortality rates and increased cremations; competition
from nontraditional sources in the funeral services business; our ongoing
antitrust litigation; cyclical demand for industrial capital goods; and certain
tax-related matters. For a more in-depth discussion of these and other factors
that could cause actual results to differ from those contained in
forward-looking statements, see the discussions under the heading “Risk Factors”
in item 1A of Hillenbrand’s Annual Report on Form 10-K for the year ended
September 30, 2010, filed with the Securities and Exchange Commission (SEC)
November 23, 2010. The company assumes no obligation to update or revise any
forward-looking information.

SOURCE Hillenbrand, Inc.