reports
Matthews International Prevails in Federal Court Ruling Affirming Arbi...
Matthews International Prevails in Federal Court Ruling Affirming Arbitration Award Against Tesla PITTSBURGH, Oct. 02, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) announced today that the United States District Court for the Northern District of California has issued an opinion and order confirming a previous arbitration decision in Matthews’ favor and denied Tesla’s attempt to overturn it. This decision reinforces Matthews’ longstanding leadership in the design, development, and manufacturing of continuous process machinery for battery electrode production...
Matthews Marking Systems Unveils MPERIA® Axian Inkjet AX1000 Series at...
Matthews Marking Systems Unveils MPERIA® Axian Inkjet AX1000 Series at PACK EXPO Las Vegas––Powered for Sunrise 2027 LAS VEGAS, Sept. 29, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) announces today that its business, Matthews Marking Systems, is officially showcasing its at PACK EXPO Las Vegas, one of the industry’s premier events for packaging innovation. Axian is set to transform primary packaging operations with its advanced marking technology, empowering production lines to operate leaner, smarter, and more efficiently. Axian combines the flexibility o...
Breakthrough Marking Technology Unveiled by Matthews Marking Systems
Breakthrough Marking Technology Unveiled by Matthews Marking Systems PITTSBURGH, Sept. 24, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) announces today that its business, Matthews Marking Systems, is unveiling its proprietary Axian Inkjet (XIJ) printing technology, a breakthrough innovation redefining high-speed, high-resolution product marking for consumer-packaged goods (CPG) and fast-moving consumer goods (FMCG) industries. Introducing XIJ: The Next Generation of Inkjet PrintingUtilizing XIJ, the new printer (scheduled to launch next week at the ...
Matthews International’s Engineering Business Hosting Energy Summit in...
Matthews International’s Engineering Business Hosting Energy Summit in Germany PITTSBURGH, Sept. 17, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) announced today that its Matthews Engineering business is hosting an Energy Summit at its Development Center in Vreden, Germany, on September 17-18, 2025. The summit will convene a select group of industry experts, leading battery manufacturers, automotive OEMs, thought leaders, and innovators, to explore the latest advancements in battery manufacturing and energy technologies. The location of the event also gives ...
Matthews International Announces Retirement Plans of CFO Steven F. Nic...
Matthews International Announces Retirement Plans of CFO Steven F. Nicola and Appointment of Daniel E. Stopar as Successor PITTSBURGH, Aug. 19, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that Steven F. Nicola, Chief Financial Officer and Treasurer, has advised the Company’s Board of Directors (the “Board”) of his plans to retire effective December 31, 2025, after more than three decades of dedicated service. Mr. Nicola joined Matthews in 1992 and has served as CFO since 2003. Throughout his tenure, he played a pivotal role in guiding the Com...
Matthews International Reports Results for Fiscal 2025 Third Quarter
Matthews International Reports Results for Fiscal 2025 Third Quarter Fiscal 2025 Third Quarter Financial Highlights: GAAP Earnings per share of $0.49 vs. $0.06 a year agoMemorialization and Industrial Technologies report higher adjusted EBITDAOutstanding debt reduced by $120 millionCompany realizing benefits of cost reduction actionsStrategic alternatives evaluation progressing wellCompany maintains outlook for fiscal 2025Webcast: Wednesday, August 6, 2025, 9:00 a.m., (201) 689-8471 PITTSBURGH, Aug. 05, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) today announced financial results f...
Matthews International Declares Quarterly Dividend
Matthews International Declares Quarterly Dividend PITTSBURGH, July 30, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.25 per share on the Company’s common stock. The dividend is payable August 25, 2025 to stockholders of record August 11, 2025. About Matthews International CorporationMatthews International Corporation is a global provider of memorialization products, industrial Matthews International Corporation operates through two core global businesses – Industrial Technologies a...
Matthews International Announces Third Quarter Fiscal 2025 Earnings Re...
Matthews International Announces Third Quarter Fiscal 2025 Earnings Release and Conference Call PITTSBURGH, July 10, 2025 (GLOBE NEWSWIRE) -- (Nasdaq GSM: MATW) today announced plans to release its third quarter fiscal year 2025 earnings results after the market closes on Tuesday, August 5, 2025. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its outlook. Participating in the call will be Joseph C. Bartolacci, President and CEO and Steven F. Nicola, Chief Financial Officer and Treasurer. A question-and-a...
Moody's Ratings affirms Matthews' B1 CFR following the majority stake ...
Moody's Ratings (Moody's) affirmed Matthews International Corporation's (Matthews) B1 corporate family rating (CFR) and B1-PD probability of default rating (PDR). At the same time, we affirmed the B3 rating on the $300 million senior secured second lien notes due 2027. We also changed Matthews' spec...
Matthews International Announces Acquisition of the Dodge Company
Matthews International Announces Acquisition of the Dodge Company PITTSBURGH, May 12, 2025 (GLOBE NEWSWIRE) -- Matthews Memorialization, a division of Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews”), today announced it has acquired The Dodge Company (“Dodge”) for $57 Million. Dodge is a leading supplier of embalming chemicals and supplies in North America and sells a variety of other related products to Funeral Homes. Matthews Memorialization is a leading supplier to Funeral Homes and Cemeteries in North America, selling a broad range of products including caskets, bron...
Matthews International Announces Closing of SGK Brand Solutions Sale
Matthews International Announces Closing of SGK Brand Solutions Sale PITTSBURGH, May 01, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced the successful closing of the sale of its SGK Brand Solutions business (“SGK”) to a newly formed entity created by affiliates of SGS & Co (“SGS”). The transaction combines SGK and SGS into a new company that is expected to be a leading global provider of brand solutions. Under the terms of the transaction, Matthews received upfront consideration of $350 million, consisting of $250 million in cash at closing, $5...
Matthews International Reports Results for Fiscal 2025 Second Quarter
Matthews International Reports Results for Fiscal 2025 Second Quarter Fiscal 2025 Second Quarter Financial Highlights: Consolidated sales of $427.6 million for the FY 2025 2nd QuarterSignificant increase in customer quotes for energy storage solutionsCost reduction programs remain on trackSGK transaction expected to close in early May 2025; Company provides updated projectionsWebcast: Thursday, May 1, 2025, 9:00 a.m., (201) 689-8471 PITTSBURGH, April 30, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) today announced financial results for its second quarter of fiscal 2025. In ...
Matthews International Declares Quarterly Dividend
Matthews International Declares Quarterly Dividend PITTSBURGH, April 30, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) announced that its Board of Directors declared, at its regularly scheduled meeting today, a dividend of $0.25 per share on the Company’s common stock. The dividend is payable May 26, 2025 to stockholders of record May 12, 2025. About Matthews International Corporation Matthews International Corporation is a global provider of industrial technologies, memorialization products and brand solutions. The Industrial Technologies segment includes the design, manufacturing, ser...
Matthews International Corporation Announces Clearance of Remaining Fo...
Matthews International Corporation Announces Clearance of Remaining Foreign Anti-Trust Regulatory Requirements PITTSBURGH, April 15, 2025 (GLOBE NEWSWIRE) -- ("Matthews" and/or the "Company") previously reported, in February 2025, the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with the proposed sale of its interest in SGK Brand Solutions (“SGK”) to a newly formed entity created by affiliates of SGS & Co (“SGS”), which will combine SGK and SGS. Today, the Company has announced the clearance of all remaining foreign anti-tr...
Matthews International Announces Second Quarter Fiscal 2025 Earnings R...
Matthews International Announces Second Quarter Fiscal 2025 Earnings Release and Conference Call PITTSBURGH, April 11, 2025 (GLOBE NEWSWIRE) -- (Nasdaq GSM: MATW) today announced plans to release its second quarter fiscal year 2025 earnings results after the market closes on Wednesday, April 30, 2025. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its outlook. Participating in the call will be Joseph C. Bartolacci, President and CEO and Steven F. Nicola, Chief Financial Officer. A question-and-answ...
Matthews International Corporation Announces Expiration of HSR Waiting...
Matthews International Corporation Announces Expiration of HSR Waiting Period PITTSBURGH, Feb. 25, 2025 (GLOBE NEWSWIRE) -- ("Matthews" and/or the "Company") announced today the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with its proposed sale of its interest in SGK Brand Solutions (“SGK”) to a newly formed entity created by affiliates of SGS & Co (“SGS”), which will combine SGK and SGS. The parties anticipate a closing next quarter, subject to the receipt of remaining outstanding regulatory approvals and the satisfaction...
Matthews International Shareholders Elect All Three of Matthews’ Direc...
Matthews International Shareholders Elect All Three of Matthews’ Director Nominees at 2025 Annual Meeting PITTSBURGH, Feb. 20, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”), celebrating its 175th year of continuous operation, today announced that, based on preliminary vote results provided by its proxy solicitor following the Company's 2025 Annual Meeting of Shareholders, Matthews’ shareholders have voted to elect all three of the Company’s director nominees – Terry L. Dunlap, Alvaro Garcia-Tunon and J. Michael Nauman – to the Company's Board of Directors. “We...
Matthews International Has the Right Strategy, the Right Board and the...
Matthews International Has the Right Strategy, the Right Board and the Right Management Team to Continue to Drive Long-Term, Sustainable Shareholder Value Failure to Elect All Three of Matthews’ Director Nominees Will Lead to Short-Term Oversight by Individuals Who Have No Knowledge of Matthews’ Businesses Urges Shareholders to Vote “FOR” All Three of Matthews’ Director Nominees on the WHITE Proxy Card and “WITHHOLD” on Barington’s Director Nominees PITTSBURGH, Feb. 18, 2025 (GLOBE NEWSWIRE) -- (Nasdaq GSM: MATW) (“Matthews” or the “Company”) today outlined the key reasons to vote on t...
Matthews International Appoints Thomas Gebhardt to Board of Directors
Matthews International Appoints Thomas Gebhardt to Board of Directors Mr. Gebhardt Brings Significant Experience in Batteries and EV Technology Solutions Gregory Babe to Resign from Board, Effective Immediately PITTSBURGH, Feb. 17, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that Thomas Gebhardt has been appointed to the Company’s Board of Directors, effective immediately. As previously announced on January 24, 2025, Gregory S. Babe informed Matthews that he would not stand for re-election to the Company’s Board at the 2026 Ann...
U.S. District Court Judge Once Again Denies Tesla’s Request to Block M...
U.S. District Court Judge Once Again Denies Tesla’s Request to Block Matthews International from Selling Its Innovative Dry Battery Electrode Solutions to Others PITTSBURGH, Feb. 17, 2025 (GLOBE NEWSWIRE) -- (NASDAQ GSM: MATW) (“Matthews” or the “Company”) today announced that a U.S. District Court Judge has issued an order denying Tesla’s renewed request to block Matthews’ right to sell its innovative DBE solutions to existing and potential global customers. The Company issued the following statement: On February 6, 2025, Matthews announced the favorable ruling in arbitration against T...
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