Germantown, WI – August 8, 2011: Lightning Pick Technologies, a leading provider of light-directed and advanced technology-based order fulfillment systems has been acquired by Matthews International Corporation (NASDAQ NMS: MATW). The terms of the transaction were not immediately disclosed.
For over thirty years Lightning Pick has been a best-in-class provider of pick-to-light, put-to-light, pack-to-light, RF- and voice-directed picking systems, including other complementary solutions that optimize lean supply chain processes from manufacturing through order fulfillment.
Matthews International Corporation (www.matw.com) headquartered in Pittsburgh, Pennsylvania, is a designer, manufacturer and marketer principally of memorialization products and brand solutions. Brand solutions include graphics imaging products and services, marking products, and merchandising solutions.
Jim Bast, General Manager of Lightning Pick Technologies states, “We are excited about joining the Matthews International Group which will only strengthen our Lightning Pick brand and solution set as a leader in the supply chain order fulfillment market.”