Matthews International Corp. plans to sell its warehouse automation business to Duravant LLC for $230 million.

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Matthews Automation Solutions will join Duravant Material Handling by the end of March next year.

Investing.com -- Matthews International Corporation (NASDAQ:MATW) stock jumped 7.7% Thursday after the company announced it has entered into a definitive agreement to sell its Matthews Automation ...

Exciting news as Matthews International Corp. sells warehouse automation business for $230 million to Duravant LLC! How will ...

"We are pleased to welcome Matthews Automation Solutions to Duravant," said Mike Kachmer, Chairman and CEO of Duravant. "The software and controls integration expertise the team brings to Duravant is ...

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Inside a low-temperature warehouse of a large enterprise in Jiaozhou, Qingdao, automated cold chain conveyor lines operate in an orderly manner. Boxes of fresh aquatic products are securely stored at ...