MATTHEWS INTERNATIONAL CORP (MATW): M&A transaction — Matthews completes sale of Warehouse Automation business for $232.1M total consideration

MATTHEWS INTERNATIONAL CORP

Sale to Duravant LLC closed Dec 31, 2025; cash proceeds of $225.4M plus liability assumption.
Warehouse Automation business generated $72M in sales in fiscal 2025.
Net proceeds will be used to significantly reduce outstanding debt toward 2.5x leverage goal.
Company's strategic alternatives review remains ongoing.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

MATTHEWS INTERNATIONAL CORP completed a disposition involving Duravant LLC for approximately $232 million (closed 2025-12-31).

Action: disposition
Counterparty: Duravant LLC
Consideration: approximately $232 million
Closing: 2025-12-31

Exact text from the filing

On December 31, 2025 (the “Closing Date”), Matthews International Corporation, a Pennsylvania corporation (“Matthews” or the “Company”), completed the sale of its interests in Matthews Automation Solutions, LLC, a Delaware limited liability company and wholly-owned subsidiary of Matthews (the “Transferred Entity”), and certain related assets to Duravant LLC (the “Buyer”) pursuant to the terms of an Equity Purchase Agreement dated as of November 12, 2025 by and among Matthews and the Buyer, which was filed as Exhibit 2.1 to that Current Report on Form 8-K with the SEC on November 13, 2025 . On the Closing Date, consideration of approximately $232 million was transferred to Matthews, representing cash consideration of $225.4 million plus the assumption of certain liabilities related to the business of the Transferred Entity.

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MATTHEWS INTERNATIONAL CORP filing history →

Source: SEC EDGAR

accession 0001193125-25-338050

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