On May 1 of this year Matthews International announced the closing of the sale of their SGK Brand Solutions Segment in this press release.

According to this press release that was posted yesterday from Matthews International it didn’t take long to put some of those proceeds to work as they announced the acquisition of the Dodge Company for a reported $57 million.  Again, according to that press release:

“Dodge is a leading supplier of embalming chemicals and supplies in North America and sells a variety of other related products to Funeral Homes. Matthews Memorialization is a leading supplier to Funeral Homes and Cemeteries in North America, selling a broad range of products including caskets, bronze and granite memorials, and cremation equipment. The acquisition advances Matthews’ strategy of providing a comprehensive product offering to its death care industry customers.”

Tom Anderson
Funeral Director Daily

Funeral Director Daily take:  This acquisition will broaden Matthew’s product line for funeral homes.  We mentioned in our article published last week about Matthews 2nd Quarter Earnings Report that the next six months will be very important in charting the future of Matthews International and this acquisition points in the direction that the company will continue to be a major force in the Death Care profession and industry.

As an aside it is interesting to note that this sale/acquisition is being conducted by two of the oldest businesses in the profession.  Dodge Company is a 132-year old family company and Matthews International is celebrating their 175th year in business during 2025.

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