Matthews International Corp Files DEFA14A Proxy Materials

TL;DR

Matthews Intl (MATW) filed proxy docs Jan 10, 2025. No fee. Shareholder vote info inside.

AI Summary

Matthews International Corporation filed a Definitive Additional Materials (DEFA14A) on January 10, 2025. This filing is related to the company's proxy statement and indicates no fee was required for this submission. The filing pertains to the company's corporate governance and shareholder matters.

Why It Matters

This filing provides shareholders with important information regarding the company's governance and voting matters, allowing them to make informed decisions.

Risk Assessment

Risk Level: low — This filing is a routine proxy statement update and does not contain information that inherently increases the company's risk profile.

Key Players & Entities

• MATTHEWS INTERNATIONAL CORP (company) — Registrant
• 0000063296 (company) — Central Index Key
• 20250110 (date) — Filing Date
• DEFA14A (document_type) — Form Type

FAQ

Key Financial Figures

• $1.8 billion — tably, in fiscal 2024 Matthews reported $1.8 billion in consolidated revenue and met its rev
• $700 million — idated revenues grew from approximately $700 million in fiscal to $1.8 billion today. Over
• $350 million — ed by SGS & Co. Matthews will realize $350 million of total upfront consideration and expe
• $250 million — s from the transaction of approximately $250 million will be used for the repayment of debt,
• $900 m — ve an enterprise value of approximately $900 million, representing an adjusted EBITDA
• $50 million — the new entity expects to realize over $50 million in annual run-rate cost synergies over

Filing Documents

• d905197ddefa14a.htm (DEFA14A) — 55KB
• g905197g0110043448086.jpg (GRAPHIC) — 2KB
• 0001193125-25-004086.txt ( ) — 60KB

Forward-Looking Statements

Forward-Looking Statements Any forward-looking statements contained in this release are included pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding the expectations, hopes, beliefs, intentions or strategies of the Company regarding the future, including statements regarding the anticipated timing and benefits of the proposed joint venture transaction, and may be identified by the use of words such as expects, believes, intends, projects, anticipates, estimates, plans, seeks, forecasts, predicts, objective, targets, potential, outlook, may, will, could or the negative of these terms, other comparable terminology and variations thereof. Such forward-looking statements involve known and unknown risks and uncertainties that may cause the Companys actual results in future periods to be materially different from managements expectations, and no assurance can be given that such expectations will prove correct. Factors that could cause the Companys results to differ materially from the results discussed in such forward-looking statements principally include our ability to satisfy the conditions precedent to the consummation of the proposed joint venture transaction on the expected timeline or at all, our ability achieve the anticipated benefits of the proposed joint venture transaction, uncertainties regarding future actions that may be taken by Barington in furtherance of its intention to nominate director candidates for election at the Companys 2025 Annual Meeting, potential operational disruption caused by Baringtons actions that may make it more difficult to maintain relationships with customers, employees or partners, changes in domestic or international economic conditions, changes in foreign currency exchange rates, changes in interest rates, changes in the cost of materials used in the manufacture of the Companys products, any impairm

View Full Filing

View this DEFA14A filing on SEC EDGAR