Add-on Acquisition • Machinery

Matthews International Acquires Wetzel Holding AG

On September 19, 2012, Matthews International acquired machinery company Wetzel Holding AG for 55M USD

Acquisition Context
  • This is Matthews International’s 3rd transaction in the Machinery sector.
  • This is Matthews International’s 4th largest (disclosed) transaction.
  • This is Matthews International’s 1st transaction in Switzerland.

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M&A Deal Summary

Date September 19, 2012
Target Wetzel Holding AG
Sector Machinery
Buyer(s) Matthews International
Deal Type Add-on Acquisition
Deal Value 55M USD

Target Company

Wetzel Holding AG

Münchenstein,, Switzerland
Wetzel Holding AG is a provider of pre-press services and gravure printing forms. Company s principally manufacturing operations in Germany and Poland.
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Buyer Overview 1

Buyer

Matthews International

Pittsburgh, Pennsylvania, United States

Category Company
Founded 1850
Sector Diversified
Employees11,000
Revenue 1.8B USD (2024)
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 Context for Buyer #
Overall 7 of 17
Sector: Machinery 3 of 4
Type: Add-on Acquisition 7 of 17
Country: Switzerland 1 of 1
Year: 2012 2 of 3
Size (of disclosed) 4 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-01 Everlasting Granite Memorial Co.

Elberton, Georgia, United States

Everlasting Granite is a full service business to business wholesale distributor of granite and bronze memorials.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-17 Pyramid Control Systems

Cincinnati,, Ohio, United States

Pyramid Control Systems, Inc. is a provider of warehouse control systems and conveyor control solutions for distribution centers.

Buy -