# 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.

- Type: Acquisition
- Announced: 2024-10-29
- Where: United States
- Value: $462.0M
- Status: completed
- Products: low voltage and medium voltage instrument transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Standex International](https://endata.com/companies/10200.md) (acquirer)
- [Amran Instrument Transformers](https://endata.com/companies/80756.md) (target)
- [Narayan Powertech](https://endata.com/companies/80757.md) (target)

## Sources

- [standexelectronics.com](https://standexelectronics.com/news/standex-acquires-amran-instrument-transformers-and-narayan-powertech/), 2024-10-29: "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."
- [businesswire.com](https://www.businesswire.com/news/home/20241029456348/en/Chamberlain-Hrdlicka-Represents-Amran-Instrument-Transformers-and-Narayan-Powertech-in-%24462-Million-Sale-of-Businesses-to-Standex-International-Corporation), 2024-10-29: "The acquisitions are the largest in Standex's history, with a combined enterprise value of approximately $462 million, and will complement and diversify Standex Electronics' existing portfolio."
- [businesswire.com](https://www.businesswire.com/news/home/20241104890162/en/Northern-Edge-Advisors-Represents-Amran-and-Narayan-in-%24462-Million-Sale-to-Standex), 2024-11-04: "The acquisitions are the largest in Standex's history, with a combined enterprise value of approximately $462 million consisting of both cash and stock consideration."

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