Standex International (SXI) Acquires Amran Instrument Transformers and Narayan Powertech Pvt., Ltd.
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STANDEX ACQUIRES AMRAN INSTRUMENT TRANSFORMERS AND NARAYAN POWERTECH PVT., LTD.
October 29, 2024 7:00 AM EDTImmediately Accretive to Revenue Growth, EBITDA Margin, Operating Margin, EPS and FCFAmran/Narayan Grew Revenue at ~30% CAGR Over Last Three Years; Expects ~$100M of Revenue in CY 2024, with Adjusted EBITDA Margin Above 40%Significantly Expands Presence in the Fast-Growing, High-Margin Electrical Grid End Market, Benefiting from Infrastructure Upgrades, Capacity Expansion and Data Center DemandStandex's Exposure to Fast Growth Markets Increases to ~25% of Sales on Pro-Forma FY 2024 BasisBroadens Technology Platform and Capabilities to Expand Growth into Electronics' MarketsGeographic... More
