Standex International Acquires Remaining 9.9% Stake In India-Based Narayan Powertech For ~$64M
Benzinga Newsdesk 4 months ago
M&A
Standex International Corporation (NYSE:SXI) today announced that it has acquired the remaining 9.9% interest in India-based Narayan Powertech (Narayan), a leading manufacturer of low voltage and medium voltage
Standex International Corporation (NYSE:SXI) today announced that it has acquired the remaining 9.9% interest in India-based Narayan Powertech (Narayan), a leading manufacturer of low voltage and medium voltage instrument transformers, for approximately $64 million.