M&A Deal Summary

Standex Acquires Horizon Scientific

On October 17, 2016, Standex acquired electronics company Horizon Scientific

Acquisition Highlights
  • This is Standex’s 2nd transaction in the Electronics sector.
  • This is Standex’s 12th transaction in the United States.
  • This is Standex’s 3rd transaction in Wisconsin.

M&A Deal Summary
Date 2016-10-17
Target Horizon Scientific
Sector Electronics
Buyer(s) Standex
Deal Type Add-on Acquisition

Target

Horizon Scientific

Bristol, Wisconsin, United States
Horizon Scientific, Inc. is a provider of laboratory refrigerators and freezers, as well as cryogenic equipment for the scientific, bio-medical and pharmaceutical markets.

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Buyer(S) 1

Buyer

Standex

Salem, New Hampshire, United States
Category Company
Founded 1955
Sector Manufacturing
Employees3,700
Revenue 721M USD (2024)
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 16 of 27
Sector (Electronics) 2 of 2
Type (Add-on Acquisition) 15 of 24
State (Wisconsin) 3 of 3
Country (United States) 12 of 20
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-01 IR Engraving

Sandston, Virginia, United States

IR Engraving is a manufacturer of engraving industrial rolls and plates, gravure rolls, and building custom machinery in support of various industries including consumer goods, luxury vinyl tile, building products, and other industrial applications. IR Engraving is based in Sandston, Virginia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-02 OKI Sensor Device

Tokyo, Japan

OKI Sensor Device Corp. is a designer and supplier of magnetic reed switches. Its products are incorporated into a wide variety of sensing solutions for end use customers primarily in the automotive and consumer electronics fields.

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