M&A Deal Summary

Matthews International Acquires Star Granite & Bronze

On February 1, 2018, Matthews International acquired building materials company Star Granite & Bronze for 41M USD

Acquisition Highlights
  • This is Matthews International’s 1st transaction in the Building Materials sector.
  • This is Matthews International’s 5th largest (disclosed) transaction.
  • This is Matthews International’s 9th transaction in the United States.
  • This is Matthews International’s 2nd transaction in Georgia.

M&A Deal Summary
Date 2018-02-01
Target Star Granite & Bronze
Sector Building Materials
Buyer(s) Matthews International
Deal Type Add-on Acquisition
Deal Value 41M USD

Target

Star Granite & Bronze

Elberton, Georgia, United States
Star Granite & Bronze is a full service manufacturer of memorialization products. Star owns its own state-of-the-art facilities and has developed a comprehensive line of products which includes bases for bronze memorials, grass markers, slants, bevels upright monuments, memorial benches, columbaria, as well as cemetery features and private mausoleums.

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Buyer(S) 1

Buyer

Matthews International

Pittsburgh, Pennsylvania, United States
Category Company
Founded 1850
Sector Diversified
Employees12,000
Revenue 1.9B USD (2023)
DESCRIPTION

Matthews International is a designer, manufacturer, and marketer principally of memorialization products and brand solutions. Memorialization products consist primarily of bronze and granite memorials and other memorialization products, caskets and cremation equipment for the cemetery and funeral home industries. Matthews International was founded in 1850 and is based in Pittsburgh, Pennsylvania.

DEAL STATS #
Overall 14 of 16
Sector (Building Materials) 1 of 1
Type (Add-on Acquisition) 14 of 16
State (Georgia) 2 of 2
Country (United States) 9 of 9
Year (2018) 1 of 1
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-01 Equator

Glasgow, United Kingdom

Equator, Ltd. is a design agency with subject matter experts in grocery retail and CPG brands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-11 Terrella Energy Systems

Mission, British Columbia, Canada

Terrella Energy Systems is a Canadian supplier of engineered solutions for hydrogen fuel cell power systems primarily stack-ready bipolar plates.

Buy -
Mergr

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