Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 - EQUATOR LTD ACQUISITION PRESS RELEASE - MATTHEWS INTERNATIONAL CORP | ex991_equatorpr.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
____________________________________________________________
FORM 8‑K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 1, 2017
____________________________________________________________
MATTHEWS INTERNATIONAL CORPORATION
(Exact name of registrant as specified in its charter)
PENNSYLVANIA | 0-09115 | 25‑0644320 |
(State or other jurisdiction of | (Commission | (I.R.S. Employer |
Incorporation or organization) | File Number) | Identification No.) |
TWO NORTHSHORE CENTER, PITTSBURGH, PA | 15212‑5851 |
(Address of principal executive offices) | (Zip Code) |
(412) 442-8200 | |
(Registrant's telephone number, including area code) | |
NOT APPLICABLE
(Former name, former address and former fiscal year, if changed since last report)
_____________________________________________________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure.
Matthews International Corporation (the “Company”) announced that it acquired Equator, Ltd. (“Equator”) effective March 1, 2017. Equator is a design agency with subject matter experts in grocery retail and CPG brands with the rare capability to take brands from creation to shelf under one roof, with one team, and will join the Company’s SGK Brand Solutions segment. The purchase price for Equator was £33 million (U.S. $41 million) on a cash-free, debt-free basis, subject to a working capital adjustment. Equator reported sales of approximately £21 million (U.S. $26 million) in calendar 2016. Equator has three locations, including its headquarters, in the United Kingdom and one in Chicago, with approximately 255 employees.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number | Description | |
99.1 | Press Release, dated March 1, 2017, issued by Matthews International Corporation. | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MATTHEWS INTERNATIONAL CORPORATION | |||
(Registrant) | |||
By: | /s/ Steven F. Nicola | ||
Steven F. Nicola | |||
Chief Financial Officer and Secretary | |||
Date: March 1, 2017
Exhibit Index
Exhibit Number | Description | |
99.1 | Press Release, dated March 1, 2017, issued by Matthews International Corporation. | |