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| MATW > SEC Filings for MATW > Form 8-K on 19-Dec-2012 | All Recent SEC Filings |
19-Dec-2012
Regulation FD Disclosure, Financial Statements and Exhibits
On December 17, 2012, Matthews International Corporation ("Matthews") announced that the Company acquired Pyramid Controls, Inc. and its affiliate, Pyramid Control Systems (collectively, "Pyramid"). Pyramid, which is located in Cincinnati, Ohio, is a provider of warehouse control systems and conveyor control solutions for distribution centers. The acquisition is designed to expand Matthews' fulfillment products and services in the warehouse management market. Pyramid reported sales of $18 million in calendar 2011 and has approximately 50 employees. The initial purchase price for the transaction was approximately $24.5 million, plus potential additional consideration based on future operating results.
A copy of the press release announcing the acquisition is attached hereto as Exhibit 99.1.
99.1 Press Release, dated December 17, 2012, issued by Matthews International Corporation.
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