Showing posts with label Aurora Casket Company. Show all posts
Showing posts with label Aurora Casket Company. Show all posts

Tuesday, June 9, 2015

Matthews International to Acquire Aurora Casket Company for $214 Million


Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) has announced that the Company has signed a definitive agreement to acquire Aurora Casket Company (“Aurora”) from Kohlberg & Company. Aurora is a well-known manufacturer and distributor of caskets and other products to funeral homes across the United States. For the year ending December 31, 2014, Aurora’s revenues were $142 million with adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) of approximately $21 million.

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