0000063296-12-000061.txt : 20121219 0000063296-12-000061.hdr.sgml : 20121219 20121219134506 ACCESSION NUMBER: 0000063296-12-000061 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20121217 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20121219 DATE AS OF CHANGE: 20121219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MATTHEWS INTERNATIONAL CORP CENTRAL INDEX KEY: 0000063296 STANDARD INDUSTRIAL CLASSIFICATION: NONFERROUS FOUNDRIES (CASTINGS) [3360] IRS NUMBER: 250644320 STATE OF INCORPORATION: PA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-09115 FILM NUMBER: 121273843 BUSINESS ADDRESS: STREET 1: TWO NORTHSHORE CENTER CITY: PITTSBURGH STATE: PA ZIP: 15212-5851 BUSINESS PHONE: 4124428200 MAIL ADDRESS: STREET 1: TWO NORTHSHORE CENTER CITY: PITTSBURGH STATE: PA ZIP: 15212-5851 FORMER COMPANY: FORMER CONFORMED NAME: MATTHEWS JAMES H & CO DATE OF NAME CHANGE: 19780823 8-K 1 form8k-pyramidacq.htm FORM 8K - PYRAMID ACQUISITION form8k-pyramidacq.htm
 
 

 

 
 


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

Form 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported):
December 17, 2012



MATTHEWS INTERNATIONAL CORPORATION
(Exact name of registrant as specified in its charter)


Pennsylvania
0-9115
25-0644320
(State or other jurisdiction of incorporation
(Commission File Number)
(IRS Employer Identification No.)


 Two NorthShore Center, Pittsburgh, PA                                                                                                           15212-5851
(Address of principal executive offices)                                                                                                            (Zip Code)



Registrant's telephone number, including area code:                                                                                     (412) 442-8200


 
 

 

Item 7.01  Regulation FD Disclosure

    On December 17, 2012, Matthews International Corporation (“Matthews”) announced that the Company acquired Pyramid Controls, Inc. and its affiliate, Pyramid Control Systems (collectively, “Pyramid”).  Pyramid, which is located in Cincinnati, Ohio, is a provider of warehouse control systems and conveyor control solutions for distribution centers.  The acquisition is designed to expand Matthews' fulfillment products and services in the warehouse management market.  Pyramid reported sales of $18 million in calendar 2011 and has approximately 50 employees.  The initial purchase price for the transaction was approximately $24.5 million, plus potential additional consideration based on future operating results. 

A copy of the press release announcing the acquisition is attached hereto as Exhibit 99.1.



Item 9.01  Financial Statements and Exhibits

 
99.1
Press Release, dated December 17, 2012, issued by Matthews International Corporation.






 
 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


MATTHEWS INTERNATIONAL CORPORATION
(Registrant)


By  Steven F. Nicola

Steven F. Nicola
Chief Financial Officer,
Secretary and Treasurer



December 19, 2012



 
 

 

EX-99.1 2 exhibit99-1pressrlsacq.htm EXHIBIT 99.1 PRESS RELEASE PYRAMID ACQUISITION exhibit99-1pressrlsacq.htm
 
 
 

 

 
                                                   Exhibit 99.1


Matthews International Corporation
Corporate Office
Two NorthShore Center
Pittsburgh, PA  15212-5851
Phone: (412) 442-8200
Fax:  (412) 442-8290

Release date:  December 17, 2012
Contact:
Steven F. Nicola
 
Chief Financial Officer, Secretary & Treasurer
 
412-442-8262


MATTHEWS INTERNATIONAL CORPORATION
ANNOUNCES THE ACQUISITION OF PYRAMID CONTROLS, INC.

PITTSBURGH, PA, December 17, 2012 -- Matthews International Corporation (NASDAQ GSM: MATW) today announced that the Company has acquired Pyramid Controls, Inc. and its affiliate, Pyramid Control Systems (collectively, “Pyramid”).  Pyramid, which is located in Cincinnati, Ohio, is a provider of warehouse control systems and conveyor control solutions for distribution centers.  The acquisition is designed to expand Matthews' fulfillment products and services in the warehouse management market.  Pyramid reported sales of $18 million in calendar 2011 and has approximately 50 employees.  Terms of the acquisition were not immediately disclosed. 

Joseph C. Bartolacci, President and Chief Executive Officer of Matthews, stated:  “Pyramid provides warehouse control systems that can be integrated with our order picking software and other solutions.  As a result, our Marking and Fulfillment Systems segment will now be able to provide a comprehensive software solution for order fulfillment.  When coupled with our present suite of technological and hardware products, Matthews will be capable of handling the automation for a wide spectrum of warehouse/distribution center requirements."

Matthews International Corporation, headquartered in Pittsburgh, Pennsylvania, 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.  Brand solutions include graphics imaging products and services, marking and fulfillment systems, and merchandising solutions.  The Company’s products and services include cast bronze and granite memorials and other memorialization products; caskets; cast and etched architectural products; cremation equipment and cremation-related products; mausoleums; brand management; printing plates and cylinders, pre-press services and imaging services for the primary packaging and corrugated industries; marking and coding equipment and consumables, industrial automation products and order fulfillment systems for identifying, tracking, picking and conveying consumer and industrial products; and merchandising display systems and marketing and design services.

    Any forward-looking statements contained in this press release are included pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements involve known and unknown risks and uncertainties that may cause the Company’s actual results in future periods to be materially different from management’s expectations.  Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove correct.  Factors that could cause the Company’s results to differ materially from the results discussed in such forward-looking statements principally include changes in economic conditions, competitive environment, death rate, foreign currency exchange rates, and technological factors beyond the Company’s control.