Standex International Sells Federal Industries Unit to AeriTek Global Holdings

MT Newswires Live

03/09

Standex International (SXI) said Monday that it has sold its display merchandising business, Federal Industries, to AeriTek, a portfolio company of Mill Point Capital, at an enterprise value of $70 million.

Federal Industries, previously part of Standex's Specialty Solutions segment, generated $35.7 million in net revenue in fiscal 2025, the company said.

Standex said it plans to use the proceeds from the sale for capital allocation priorities, including organic growth, acquisitions and debt repayment.

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