Standex International Acquires Minntronix

Standex International Acquires Remaining 9.9% Interest in Narayan Powertech

July 2, 2026

Industrial Services

Standex International Corporation acquired the remaining 9.9% stake in India-based Narayan Powertech for approximately $64 million. The company said it will continue integrating Narayan and Standex Grid to build a stronger transformer platform with a broader global footprint and portfolio breadth.

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.

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 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 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.

SYNNEX Acquires The Minacs Group and Integrates It Into Concentrix

July 11, 2016

Professional Services

SYNNEX Corporation agreed to acquire The Minacs Group Pte Ltd. for approximately $420 million and integrate the business into its Concentrix customer-engagement segment. The deal is intended to expand Concentrix’s automotive industry vertical and accelerate capabilities in marketing optimization and IoT-driven services, while adding scale and reach to serve enterprise clients.