# Enjet Aero acquires Enginetics Corporation from Standex for $11.7M

Enjet Aero, LLC acquired Enginetics Corporation from Standex International Corporation for $11.7 million in cash on March 31, 2021. Enginetics generated approximately $9.0 million in revenue in the first nine months of fiscal 2021.

- Type: Acquisition
- Announced: 2021-03-31
- Where: Dayton, Ohio, United States
- Value: $11.7M
- Status: completed
- Capacity: 65,000 square feet
- Products: aerospace components, precision machined parts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Standex International](https://endata.com/companies/10200.md)
- [Standex International](https://endata.com/companies/10200.md) (partner)
- [Enjet Aero](https://endata.com/companies/38742.md) (acquirer)
- [Enginetics Corporation](https://endata.com/companies/54129.md) (target)
- [Birken Manufacturing](https://endata.com/companies/54857.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/STANDEX-INTERNATIONAL-COR-14532/news/Enjet-Aero-LLC-acquired-Enginetics-Corporation-from-Standex-International-Corporation-for-11-7-mil-33456001/), 2021-03-30: "Enjet Aero, LLC acquired Enginetics Corporation from Standex International Corporation for $11.7 million."
- [enjetaero.com](https://www.enjetaero.com/enjet-aero-acquires-enginetics-business-from-standex/), 2021-03-31: "The addition of Enginetics will be an important part of our future success."
- [nasdaq.com](https://www.nasdaq.com/articles/standex-sells-enginetics-corporation-for-$11.5m-in-cash-2021-04-01), 2021-04-01: "Standex International Corporation announced the sale of its jet engine components business, Enginetics Corporation for $11.5 million in cash to aerospace engine component manufacturing company, Enjet Aero."
- [enjetaero.com](https://www.enjetaero.com/enjet-aero-completes-acquisition-of-birken-manufacturing/), 2021-05-03: "Enjet Aero, announced today the acquisition of Birken Manufacturing, reinforcing the commitment to expanding its breadth of manufacturing capabilities and customer reach."

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