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Standex International Corporation acquires McStarlite Co. to expand its aerospace product line

PUBLIC · SXIFeb 05, 2025

Acquiring Company

Standex International Corporation

Acquired Company

McStarlite

SalemLos AngelesManufacturingEnergyRenewable EnergyManufacturing

Description

Standex International Corporation has acquired privately-held, California-based McStarlite Co., a leading provider of complex sheet metal aerospace components, for approximately $56.5 million in cash. The acquisition is expected to expand Standex's product breadth and forming capabilities in commercial aviation, space, and defense applications, creating potential for technical exchanges and cross-selling opportunities.

Quick answer

Standex International Corporation is acquiring McStarlite, announced February 5, 2025. Standex International Corporation is based in Salem, New Hampshire, United States.

How much did Standex International Corporation pay for McStarlite?
The deal value was not disclosed.
What does Standex International Corporation do?
Standex International Corporation is a multinational manufacturer of diverse products and services with a focus on creating valuable and high-quality solutions for customers.
Where are Standex International Corporation and McStarlite based?
Standex International Corporation is based in Salem, New Hampshire, United States. McStarlite is based in Los Angeles, California, United States.
Who are the decision-makers at Standex International Corporation?
Fundz holds 5 contacts at Standex International Corporation. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Standex International Corporation

Location

23 Keewaydin Drive

Salem, New Hampshire, United States

About

Standex International Corporation is a multinational manufacturer of diverse products and services with a focus on creating valuable and high-quality solutions for customers. With a commitment to innovation and growth, the company operates in various sectors including food service equipment, engraving, engineering technologies, electronics, and hydraulics.

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Frequently asked

Who acquired McStarlite?

McStarlite was acquired by Standex International Corporation, based in Salem. The deal was reported on February 5, 2025. Standex International Corporation is a multinational manufacturer of diverse products and services with a focus on creating valuable and high-quality solutions for customers. Standex International Corporation is publicly traded (SXI) and operates in Manufacturing.

When did Standex International Corporation acquire McStarlite?

Standex International Corporation's acquisition of McStarlite was reported on February 5, 2025. Standex International Corporation has acquired privately-held, California-based McStarlite Co., a leading provider of complex sheet metal aerospace components, for approximately $56.5 million in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does McStarlite do?

McStarlite Co. is a premier sheet metal specialist in the forming of complex sheet metal aerospace components. It is privately held, operating in Manufacturing, and is based in Los Angeles.

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