Standex International Acquires McStarlite Co.
February 5, 2025
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.
- Buyers
- Standex International Corporation
- Targets
- McStarlite Co.
- Sellers
- Basmat, Inc. d/b/a McStarlite Co.
- Industry
- Manufacturing
- Location
- California, United States
- Transaction Type
- Buyout
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