Standex acquires Amran Instrument Transformers and Narayan Powertech for $462M

Standex International acquired US-based Amran Instrument Transformers and India-based Narayan Powertech in separate cash-and-stock transactions with a combined enterprise value of approximately $462 million, expanding its electrical grid market presence.

“Standex International Corporation today announced that it has acquired, in separate transactions, privately-held US-based Amran Instrument Transformers and India-based Narayan Powertech Pvt. Ltd.”standexelectronics.com

• 3 sources
• standexelectronics.comStandex Acquires Amran and Narayan Powertech | Standex ElectronicsOct 29, 2024
• businesswire.comChamberlain Hrdlicka Represents Amran Instrument Transformers and Narayan Powertech in $462 Million Sale of Businesses to Standex International CorporationAnia Czarnecka, WardOct 29, 2024
• businesswire.comNorthern Edge Advisors Represents Amran and Narayan in $462 Million Sale to StandexKaveh MamaNov 4, 2024

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