Matthews international acquires olbrich gmbh and r+s automotive gmbh, extends engineering capabilities for energy

Pittsburgh, aug. 17, 2022 (globe newswire) -- matthews international corporation (nasdaq gsm: matw) announced today that the company has closed on the previously-announced acquisitions of german based engineering firms, olbrich gmbh (“olbrich”) and r+s automotive gmbh (“r+s automotive”), for eur €43 million (approximately u.s. $45 million).

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