Standex International acquires remaining 9.9% of Narayan Powertech for $64 million

Standex International entered an agreement to acquire the remaining 9.9% stake in Indian transformer manufacturer Narayan Powertech for $64 million, following its 2024 purchase of 90.1% for $462 million.

“The American corporation Standex International has entered into an agreement to acquire the remaining 9.9% stake in the Indian company Narayan Powertech for $64 million.”akm.ru

• 1 source
• akm.ruAmerican Standex has completed the acquisition of assets of Indian Narayan Powertech | AKM ENAK&MSep 14, 2026

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