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Matthews International Corp Announces Completion Of Purchase Of Wetzel Group
Matthews International Corp announced that the completion of its purchase of Wetzel Holding AG, Wetzel GmbH and certain related affiliates (collectively Wetzel). Wetzel is a European provider of pre-press services and gravure printing forms. Wetzel is headquartered in Muenchenstein/BL, Switzerland and has its principal manufacturing operations in Germany and Poland. Matthews initially announced on September 19, 2012 the signing of the definitive agreement for the purchase, which was subject to regulatory approval in Germany. Wetzel will operate as a subsidiary within Matthews' Graphics Imaging Group.
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