Acquiring Company
Standex International Corporation
Acquired Company
Sensor Solutions
SalemManufacturingEnergyRenewable EnergyManufacturingConsumer GoodsFood And BeverageDescription
Standex International Corporation (NYSE:SXI) today announced that it has acquired privately-held, Colorado-based Sensor Solutions for approximately $9.7 million in cash. The transaction is being financed from Standex's existing cash balance. The Company expects the acquisition to be slightly accretive to its earnings in its first year of ownership as well as additive to consolidated free cash flow.
Quick answer
Standex International Corporation is acquiring Sensor Solutions, announced March 1, 2022. Standex International Corporation is based in Salem, New Hampshire, United States.
- How much did Standex International Corporation pay for Sensor Solutions?
- 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 Sensor Solutions based?
- Standex International Corporation is based in Salem, New Hampshire, 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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Who to call at Standex International Corporation, and when
When Standex International Corporation changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Standex International Corporation raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Standex International Corporation, from your own LinkedIn network
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Frequently asked
Who acquired Sensor Solutions?
Sensor Solutions was acquired by Standex International Corporation, based in Salem. The deal was reported on March 1, 2022. 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 Sensor Solutions?
Standex International Corporation's acquisition of Sensor Solutions was reported on March 1, 2022. Standex International Corporation (NYSE:SXI) today announced that it has acquired privately-held, Colorado-based Sensor Solutions for approximately $9.7 million in cash. The transaction is being financed from Standex's existing cash balance. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Sensor Solutions do?
It is privately held, operating in Manufacturing.
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