Matthews International Agrees to Buy Aurora Casket Co.
Reposted from Kate-Boylston Publications Matthews International Corp. has announced that the company has signed a definitive agreement to acquire Aurora Casket Co. from Kohlberg & Co. Aurora will be combined with Matthews Funeral Home Products to form Matthews Aurora Funeral Solutions, which will be a cornerstone business of the memorialization segment of Matthews. Under the terms of the transaction, Matthews will purchase Aurora’s stock for $214 million in cash on a debt-free basis subject to …