# Standex completes sale of Procon Pumps to Investindustrial

Standex International closed the sale of its Procon Pumps business to Investindustrial, a European investment and advisory group. The transaction was reported in the first quarter of 2023.

- Type: Acquisition
- Announced: 2023-01-01
- Status: completed
- Products: pumps
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Standex International](https://endata.com/companies/10200.md)
- [Investindustrial](https://endata.com/companies/2585.md) (acquirer)
- [Procon Pumps](https://endata.com/companies/10201.md) (target)

## Sources

- [worldpumps.com](https://www.worldpumps.com/content/features/pumps-mergers-acquisitions-review-2023), 2024-01-08: "Standex International Corp closed the sale of its Procon Pumps business to Investindustrial, a European investment and advisory group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.