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Stock impact report

STANDEX ANNOUNCES CLOSING OF SANYU SWITCH CO., LTD. ACQUISITION [Yahoo! Finance]

Standex International Corporation (SXI) 
Last standex international corporation earnings: 2/3 04:13 pm Check Earnings Report
US:NYSE Investor Relations: ir.standex.com
Company Research Source: Yahoo! Finance
In its first year of ownership, the Company still expects the acquisition to be accretive to its earnings and to achieve a double-digit return on invested capital. "Completing the acquisition of Sanyu Switch Co., Ltd. continues Standex's portfolio strategy of focusing on higher-margin businesses in faster growing markets," said Standex Chairman and CEO David Dunbar . "We look forward to building on the legacy established by Sanyu and its employees over the last 50 years." About Standex Standex International Corporation is a global multi-industry manufacturer in five broad business segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions with operations in the United States Europe Canada Japan Singapore Mexico Turkey South Africa India , and China. For additional information, visit the Company's website standex.com. About Sanyu Switch Co., Ltd. With corporate headquarters in Tokyo, Japan Sanyu Switch Co., Ltd . designs and manufactures r Show less Read more
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