Lone Star Funds has acquired Hillenbrand Inc., a manufacturer of plastics processing equipment whose products are used by compounders and molders worldwide.

The acquisition adds a machinery platform to the firm's industrial portfolio.

Hillenbrand produces compounding extruders, hot runners, mold components, screeners, and pumps through its Advanced Process Solutions and Molding Technology Solutions segments.

The equipment serves plastics processing customers across the compounding and molding supply chain.

Lone Star, known for investments in manufacturing and industrial businesses, gains a global supplier of specialized plastics machinery.

Additional financial terms, transaction structure, and advisor roles were not disclosed.