Stratrix
On the Record · Matthews International

Matthews International acquisitions, on the record

The businesses Matthews International bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Eagle Granite Company
Word for word“The sales increase reflected improved price realization, higher sales of mausoleums and cremation equipment in the U.S., and benefits from the acquisition of Eagle Granite Company (see Acquisitions and Divestitures below).” 10-K for 2023
acquisition——
R+S Automotive GmbH
Word for word“The decrease also reflected lower sales of the recently acquired automotive solutions business (R+S Automotive GmbH), as the Company discontinues these product offerings, and the sales impact of a fiscal 2023 divestiture (see Acquisitions and Divestitures below).” 10-K for 2024
acquisition——
Olbrich GmbH
Word for word“The Company's Surfaces and Engineering reporting unit experienced declines during the fourth quarter of fiscal 2024, primarily related to the Company's recently acquired (August 2022) Olbrich GmbH business.” 10-K for 2024
acquisitionAugust 2022—
a business in the Industrial Technologies segment
Word for word“Includes certain non-recurring costs associated with recent acquisition and divestiture activities, and also includes a gain of $1.8 million in fiscal year 2023 related to the divestiture of a business in the Industrial Technologies segment.” 10-K for 2024
divestiturefiscal year 2023—
SGK Business
Word for word“As of May 1, 2025 the SGK Business has been deconsolidated from the financial statements and is now accounted for as part of the Company's equity-method investment in Propelis.” 10-K for 2025
divestitureMay 1, 2025—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Cash received from selling businessesGoodwill from acquisitions
2016-09-30$6.9 million—$4 million
2017-09-30$98.2 million—$33.2 million
2018-09-30$121.1 million—$60.7 million
2019-09-30$11.5 million—$5.1 million
2020-09-30$1 million——
2021-09-30$15.6 million$0$4.8 million
2022-09-30$44.5 million$344,000$17 million
2023-09-30$15.3 million$6.7 million$11.2 million
2024-09-30$5.8 million$544,000$2.6 million
2025-09-30$55.8 million—$14.6 million

Deal filings since 2016

Read from Matthews International’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2025-11-21. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.