Matthews International Announces Sale of Warehouse Automation Business for $230 million

Cash proceeds to be used to reduce debt and strengthen balance sheetFurther positions Company to deliver enhanced shareholder valueStrategic alternatives review remains ongoing PITTSBURGH, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that the Company signed a definitive agreement for the sale of its Warehouse Automation business to Duravant LLC (“Duravant”), a global leader in engineered equipment and automation solutio ...