Standex International Acquires Remaining 9.9% Interest in Narayan Powertech

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 Minntronix

July 31, 2023

Manufacturing

Standex International Corporation acquired Minntronix, a South Dakota-based designer and manufacturer of magnetic components, for approximately $30 million in cash. Standex said the acquisition expands its presence in fast-growing end markets such as 5G, smart grid, and industrial automation and is expected to be accretive in the first year.

Eaton Acquires 49% Stake in Jiangsu Ryan Electrical Co. Ltd.

April 24, 2023

Manufacturing

Eaton completed the acquisition of a 49% minority stake in Jiangsu Ryan Electrical Co. Ltd., a Nantong, Jiangsu-based manufacturer of power distribution and sub-transmission transformers. The deal gives Eaton greater access to Ryan’s manufacturing capabilities and China/Asia-Pacific customers as it expands its presence in renewable energy, data center, utility and industrial end markets.

Arcline Investment Management Acquires Electric Power Systems and North American Substation Services

April 21, 2021

Infrastructure

Arcline Investment Management acquired Electric Power Systems (EPS) and North American Substation Services (NASS) from Industrial Growth Partners to create a leading electric infrastructure services platform (now branded Voltyx). Industrial Growth Partners retained a minority stake in the combined business; the deal brings together protection and control engineering, high-voltage apparatus testing, and substation maintenance capabilities to serve utilities, renewable energy, data center and commercial customers.

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.