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Matthews International Acquires OLBRICH GmbH and R+S Automotive GmbH, Extends Engineering Capabilities for Energy

Matthews International Acquires OLBRICH GmbH and R+S Automotive GmbH, Extends Engineering Capabilities for Energy

PITTSBURGH, Aug. 17 (Korea Bizwire) – Matthews International Corporation (NASDAQ GSM: MATW) announced today that the Company has closed on the previously-announced acquisitions of German based engineering firms, OLBRICH GmbH (“OLBRICH”) and R+S Automotive GmbH (“R+S Automotive”), for EUR €43 million (approximately U.S. $45 million). Headquartered in Bocholt, Germany, OLBRICH is a production and intelligent equipment manufacturer, [...]