Matthews International Corporation Announces Expiration of HSR Waiting Period

Core Insights - Matthews International Corporation announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act regarding the sale of its interest in SGK Brand Solutions to a new entity formed by affiliates of SGS & Co, with a closing anticipated next quarter, pending regulatory approvals and customary closing conditions [1] Company Overview - Matthews International Corporation is a global provider of memorialization products, industrial technologies, and brand solutions, employing over 11,000 people across more than 30 countries [2] - The Memorialization segment offers products such as memorials, caskets, and cremation-related equipment primarily to cemetery and funeral home customers [2] - The Industrial Technologies segment focuses on high-tech custom energy storage solutions, product identification, warehouse automation technologies, and coating and converting lines for various industries [2] - The SGK Brand Solutions segment provides packaging solutions and brand experiences, assisting companies in marketing and brand amplification [2]