M&A Deal Summary

Standex Acquires I R International

On June 24, 2003, Standex acquired machinery company I R International

Acquisition Highlights
  • This is Standex’s 2nd transaction in the Machinery sector.
  • This is Standex’s 2nd transaction in the United States.
  • This is Standex’s 1st transaction in Virginia.

M&A Deal Summary
Date 2003-06-24
Target I R International
Sector Machinery
Buyer(s) Standex
Deal Type Add-on Acquisition

Target

I R International

Sandston, Virginia, United States
I R International, Inc. is a producer of engraved embossing rolls, plates and Gravere cylinders.

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Buyer(S) 1

Buyer

Standex

Salem, New Hampshire, United States
Category Company
Founded 1955
Sector Manufacturing
Employees3,800
Revenue 605M USD (2020)
DESCRIPTION

Standex is a multi-industry manufacturer in five broad business segments: Food Service Equipment Group, Air Distribution Products Group, Engineering Technologies Group,Engraving Group and the Electronics and Hydraulics Group with operations in the United States, Europe, Canada, Australia, Singapore, Mexico, Brazil, India, Turkey and China. Standex was founded in 1955 and is based in Salem, New Hampshire.

DEAL STATS #
Overall 3 of 24
Sector (Machinery) 2 of 8
Type (Add-on Acquisition) 3 of 22
State (Virginia) 1 of 1
Country (United States) 2 of 18
Year (2003) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-06-24 Dornbusch & Cia Industria E. Comercio

Itupeva, Brazil

Dornbusch & Cia Industria E. Comercio Ltda. is a manufacture and supplier of engraved embossing rolls, plates and Gravere cylinders.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-01 Magnetico

Holtsville, New York, United States

Magnetico, Inc. designs and manufactures high-reliability magnetics that meet military and aerospace standards.

Buy -
Mergr

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