Standex International Acquires McStarlite for $56.5 Million

MT Newswires Live

2025/02/06

Standex International (SXI) said late Wednesday it has acquired McStarlite, a California-based aerospace sheet metal company, for $56.5 million in cash, financed through its existing revolver.

McStarlite will operate under Standex's Engineering Technologies Group.

Standex said the acquisition is expected to be accretive to its earnings in the first year of ownership.

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