Duravant Completes Acquisition of Matthews Automation Solutions for $230 Million

Cleary Gottlieb represented Duravant LLC (Duravant) in its $230 million acquisition of Matthews Automation Solutions, a Matthews International Corporation business (Matthews International).

The transaction was announced on November 13, 2025, and closed on December 31, 2025.

Matthews Automation Solutions delivers Warehouse Execution System (WES) and Warehouse Control System (WCS) software, controls, and integration services. Known for their Pyramid, Compass, Nexus, and Lightning Pick brands, they help optimize material handling and order fulfillment for omnichannel, ecommerce, and warehouse operations. The company will join Duravant’s Material Handling operating group.

Duravant is a global leader in advanced automation solutions operating across the food processing, packaging, and material handling industries. Founded on more than a century of expertise, Duravant delivers performance-driven technologies, integrated systems and full lifecycle services that drive productivity, efficiency and safety for the world’s producers and movers of high demand goods. The company serves a broad range of essential end markets including food & beverage, agriculture, consumer and industrial goods, e-commerce, and logistics. Headquartered in Downers Grove, Illinois, and serving customers in more than 190 countries, Duravant unites a portfolio of leading brands under a shared commitment to quality, innovation and customer success.

The Cleary M&A team included partner Paul Imperatore and associates Lukasz (Luke) Swiderski, Nicholas Serensits, and Marc-Antoine Leblanc. Partner Michael Albano and associate Erin McKissick advised on executive compensation matters. Partner Daniel Ilan and associate Christine D’Alessandro advised on intellectual property matters. Partners Jason Factor and Kylie Barza and associate Samuel Kramer advised on tax matters. Partners Jeremy Calsyn and Chris Cook, counsel Steven Kaiser, and associates Brittany Day and Lara Ellenberg advised on antitrust matters. Partner Beau Sterling and associate Madison Bush advised on environmental matters. Senior attorney James Corsiglia advised on anticorruption matters. Partners Meme Peponis and Matthew Mao, and associates Anirudh Sivaram, Zhiyuan (Andy) Xie, and Farida Hassan advised on finance matters.