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Matthews International divests European packaging unit to streamline

Story Highlights
  • Matthews sold its European roto-gravure packaging and tooling businesses for $41 million.
  • The divestiture streamlines operations and supports debt reduction after break-even results.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Matthews International divests European packaging unit to streamline

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The latest announcement is out from Matthews International ( (MATW) ).

On January 7, 2026, Matthews International Corporation announced it had closed the sale of its European roto-gravure packaging and tooling businesses for total consideration of $41 million, comprising $22 million in cash, $12 million of assumed debt and pension liabilities, and $7 million in seller financing, with $18 million of cash received at closing and the remaining $4 million due within six months. Management characterized the divestiture—of operations that generated roughly $100 million in annual sales but only break-even adjusted EBITDA over the past two fiscal years—as a step toward a more streamlined business structure and an effort to unlock shareholder value, with all cash proceeds earmarked for immediate debt reduction, signaling a continued focus on balance sheet strengthening and portfolio reshaping for stakeholders.

The most recent analyst rating on (MATW) stock is a Hold with a $27.00 price target. To see the full list of analyst forecasts on Matthews International stock, see the MATW Stock Forecast page.

Spark’s Take on MATW Stock

According to Spark, TipRanks’ AI Analyst, MATW is a Neutral.

Score is held back primarily by weak financial performance (losses, declining revenue, negative operating cash flow) and leverage risk. Offsetting factors include improving technical trend/momentum and a more constructive outlook from the earnings call (FY2026 EBITDA guidance, divestiture-driven debt reduction), with valuation mixed due to a negative P/E despite a solid dividend yield.

To see Spark’s full report on MATW stock, click here.

More about Matthews International

Matthews International Corporation operates through two global businesses, Industrial Technologies and Memorialization, focusing on operational efficiency and long-term growth via innovation and strategic expansion. The Industrial Technologies segment, evolved from its original marking business, provides precision technologies and intelligent process solutions to industrial customers, while the Memorialization segment supplies memorials, caskets, and cremation and incineration equipment primarily to cemeteries and funeral homes. The company also holds a significant investment in Propelis, a brand solutions business offering integrated services such as brand creative, packaging, print solutions, branded environments, and content production, and employs over 5,400 people across 19 countries on four continents.

Average Trading Volume: 277,087

Technical Sentiment Signal: Buy

Current Market Cap: $813.9M

Learn more about MATW stock on TipRanks’ Stock Analysis page.

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