Matthews International Corp - Class A

Matthews International Corporation operates through two core global business segments — Industrial Technologies and Memorialization — with a significant equity-method investment in Propelis, a brand solutions joint venture. The Memorialization segment provides memorialization products including memorials, caskets, and cremation and incineration equipment, primarily serving cemetery and funeral home customers. The Industrial Technologies segment encompasses product identification solutions (including the MPERIA platform of industrial inkjet printing systems) and an engineering business focused on energy storage solutions and dry electrode battery manufacturing technologies. The company holds a 40% equity interest in Propelis (formerly the SGK business merged with SGS & Co.), which delivers integrated brand solutions including creative, packaging, print, branded environments, and content production services. Matthews has over 4,300 employees operating in 15 countries across four continents. The company is actively pursuing a strategic alternatives review with the support of J.P. Morgan, focusing on developing strategic partnerships within its Industrial Technologies businesses after completing divestitures of the SGK business, warehouse automation, and European packaging operations. Updated Aug 7, 2026