Pennsylvania Business Report
Matthews announces plan to sell remaining businesses within SGK Brand
Pittsburgh-based Matthews International Corp. announced it would be selling the remainder of its operating businesses within the SGK Brand Solutions reporting segment. The company said it had signed a letter of intent to sell the businesses, primarily consisting of its European roto-gravure packaging and surfaces businesses. Under the terms of the deal, Matthews will receive $50 million, mostly in cash, which it will apply to repayment of debt. When combined with a previous deal announced in Ja...
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Credit: LBB Specialties
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Credit: WSFS
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Credit: PPL
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