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Subsequent Events
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9 Months Ended |
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Jun. 30, 2011
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| Subsequent Events [Abstract] | |
| Subsequent Events |
Note 13. Subsequent Events:
In May 2011, the Company signed an agreement to acquire a 70% interest in Kroma Pre-Press Preparation Systems Industry & Trade, Inc. (“Kroma”), a leading provider of pre-press services and roto-gravure printing cylinders in Turkey. The acquisition is designed to further extend Matthews' presence as the leading provider of reprographic pre-press products and services to the European packaging and tobacco markets. The Company completed the purchase of a 61.5% interest on July 14, 2011. The additional 8.5% interest will be purchased in fiscal 2012.
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- Details
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- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
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