05:50 PM EST, 01/07/2026 (MT Newswires) -- Matthews International ( MATW ) said late Wednesday it closed the sale of its European roto-gravure packaging and tooling businesses for $41 million.

The proceeds comprised $22 million in cash, with $18 million received and $4 million due within six months of closing, the company said.

The remaining comprised $12 million of assumed debt and pension liabilities and $7 million of seller financing, according to the company.