M&A Deal Summary

Standex Acquires Meder Electronic Group

On July 10, 2012, Standex acquired electronics company Meder Electronic Group

Acquisition Highlights
  • This is Standex’s 1st transaction in the Electronics sector.
  • This is Standex’s 8th transaction in the United States.
  • This is Standex’s 2nd transaction in Ohio.

M&A Deal Summary

Date 2012-07-10
Target Meder Electronic Group
Sector Electronics
Buyer(s) Standex
Deal Type Add-on Acquisition

Target

Meder Electronic Group

Cincinnati, Ohio, United States
Meder Electronic Group designs, manufactures and distributes a broad offering of magnetic reed switch, reed relay and reed sensor solutions.

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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 12 of 27
Sector (Electronics) 1 of 2
Type (Add-on Acquisition) 11 of 24
State (Ohio) 2 of 4
Country (United States) 8 of 20
Year (2012) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-26 Giorik

Sedico, Italy

Giorik S.p.A. is a manufacturer of innovative professional cooking equipment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-23 Ultrafryer Systems

San Antonio, Texas, United States

Ultrafryer Systems, Inc. produces commercial deep fryers for restaurant and commercial installations. Its high-efficiency, commercial fryers produce foods such as fried chicken, french fries, wings, fish and more. Known for excellent shortening management, fuel savings and quick recovery times, these restaurant fryers provide solutions to chains’ energy cost challenges.

Buy -