---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-110083"
form_type: "8-K"
ticker: "MATW"
cik: "0000063296"
company_name: "MATTHEWS INTERNATIONAL CORP"
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T01:23:53.637823+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Matthews closes sale of SGK Brand Solutions; receives $250M cash, 40% equity in new JV

## Summary
- Upfront consideration of $350M: $250M cash at closing, $50M preferred equity, $50M trade receivables retained; plus 40% common equity in new entity.
- Cash proceeds used to significantly reduce outstanding debt, strengthening balance sheet for future initiatives.
- New entity combining SGK and SGS projected to realize >$50M annual cost synergies over 30 months; Gary Kohl appointed CEO, Matthew Gresge Executive Chairman.
- Gary Kohl, former Group President SGK, resigned as Matthews executive officer; his restricted stock units amended to guarantee vesting at 100% of targets.
- SGK business no longer fully consolidated; reported under equity method. Board's strategic review of remaining portfolio ongoing.

## SEC filing metadata
- accession: 0001193125-25-110083
- form_type: 8-K
- ticker: MATW
- cik: 0000063296
- company_name: MATTHEWS INTERNATIONAL CORP
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63296/000119312525110083/0001193125-25-110083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63296/000119312525110083/d21358d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-110083
- JSON: https://secwatch.observer/filing/0001193125-25-110083.json
- Plain text: https://secwatch.observer/filing/0001193125-25-110083.txt

## Key facts
- Executive change
  Gary R. Kohl resigned as Group President, SGK Brand Solutions at MATTHEWS INTERNATIONAL CORP.
  - Action: resigned
  - Role: Group President, SGK Brand Solutions
  source text: Gary R. Kohl, Group President, SGK Brand Solutions was appointed Chief Executive Officer of the Joint Venture and resigned as an executive officer of Matthews.
  evidence_url: https://www.sec.gov/Archives/edgar/data/63296/000119312525110083/0001193125-25-110083-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.