look at the one in april... it is interesting what filings and pr's matthews puts out. always short and to the point. the 2 latest acquisitions have significant sales in 2009 and matthews paid a price approximately equal to the 2009 sales amounts for each. also, interesting complementary sales regions that each company brings to matthews which can only make matthews an even bigger player...
Matthews International Corporation Acquires Freeman Metals Group
Date : 10/19/2010 @ 4:56PM
Matthews International Corporation (Nasdaq:MATW) today announced its acquisition of Freeman Metal Products, Inc. and related entities, including F&F Metal Products, Inc., Esser Casket Co., and Southern Heritage Casket Co. (collectively "Freeman"). Freeman, which has manufacturing operations in North Carolina, Texas and Alabama, is also a distributor of caskets primarily in the Southeast and South central regions of the United States. Terms of the transaction were not immediately disclosed. Freeman reported sales of approximately $21 million in calendar 2009.
Matthews International Corporation Acquires Reynoldsville Casket Company
Date : 04/12/2010 @ 8:49AM...Matthews International Corporation (Nasdaq: MATW) today announced its acquisition of Reynoldsville Casket Company ("Reynoldsville"). Reynoldsville, which is headquartered in Reynoldsville, Pennsylvania, is a manufacturer and distributor of caskets primarily in the Northeast region of the United States. Terms of the transaction were not immediately disclosed. Reynoldsville reported sales of approximately $13 million in calendar 2009.
