Standex International Acquires Minntronix

Standex International Acquires Amran Instrument Transformers and Narayan Powertech for $462M

November 4, 2024

Manufacturing

Standex International Corporation (NYSE: SXI) has acquired US-based Amran Instrument Transformers and India-based Narayan Powertech Pvt. Ltd. in two simultaneous transactions valued at a combined enterprise value of approximately $462 million in cash and stock. The acquisitions expand and diversify Standex Electronics' product portfolio in instrument transformers and related electrical grid components; the founders and leadership of the Amran/Narayan Group will remain involved to support integration and growth.

Standex International Acquires McStarlite Co.

February 5, 2025

Manufacturing

Standex International Corporation has acquired McStarlite Co., a Harbor City, California-based maker of complex sheet metal aerospace components, for approximately $56.5 million in cash. McStarlite will be reported in Standex's Engineering Technologies Group and the acquisition is intended to expand Standex's forming capabilities and provide cross-selling and technical-exchange opportunities with its Spincraft business.

Standex International Acquires Tenibac-Graphion, Inc.

September 12, 2018

Industrial Services

Standex International Corporation has acquired Tenibac-Graphion, Inc., a Clinton Township, Michigan-based provider of chemical and laser mold/texturing and engraving services. The acquisition adds Tenibac-Graphion’s mold and tool texturizing capabilities and ~160 employees to Standex’s engraving and mold-services portfolio, expanding the company’s global capabilities and service offering to automotive, packaging, medical and consumer-product customers.

maxon Group Acquires Minority Stake in Synapticon

July 16, 2025

Manufacturing

Swiss precision drive maker maxon Group has acquired a minority stake in German motion-control specialist Synapticon to form a strategic collaboration. The partnership will jointly develop high-performance drive solutions with integrated functional safety, targeting markets such as robotics, medical technology, intralogistics and industrial automation.

Endries International Acquires ServTronics

September 3, 2024

Industrial Services

Endries International, a leading distributor of industrial fasteners and Class-C components, has acquired ServTronics, a distributor of fasteners and electro-mechanical hardware based in Winter Park, Florida. The acquisition strengthens Endries' capabilities and product synergies in high-reliability end markets including aerospace, defense, and medical equipment, and brings ServTronics' inventory management solutions and OEM customer relationships into the Endries platform.

Mins, Inc. Acquires Stellar Technical Products

September 15, 2023

Industrial Services

Los Angeles-based family office Mins, Inc. has acquired Stellar Technical Products, an industrial distributor of metal jointing materials and equipment, marking Mins' entry into the industrial supplies market. Keystone Business Advisors served as exclusive M&A advisor to Stellar Technical Products in the transaction.