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Stock impact report

Standex Closes Sale of Cooking Solutions Group

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: Business Wire
SALEM, N.H.--(BUSINESS WIRE)-- Standex International Corporation (NYSE:SXI) today announced that it has closed the previously disclosed sale of its Cooking Solutions Group (CSG) to The Middleby Corporation. Commenting on the sale, President & CEO David Dunbar stated, “We are pleased to have successfully divested the Cooking Solutions Group in line with our expected timing and valuation. I would like to wish our former CSG colleagues much success as they start a new chapter for the business.” Baird served as investment banking advisor to Standex on the transaction. About Middleby The Middleby Corporation is a global leader in the foodservice equipment industry. The company develops, manufactures, markets and services a broad line of equipment used in the commercial foodservice, food processing, and residential kitchen equipment industries. For additional information, visi Show less Read more
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