M&A Deal Summary

Standex Acquires OKI Sensor Device

On February 2, 2017, Standex acquired technology hardware company OKI Sensor Device from OKI

Acquisition Highlights
  • This is Standex’s 1st transaction in the Technology Hardware sector.
  • This is Standex’s 1st transaction in Japan.

M&A Deal Summary

Date 2017-02-02
Target OKI Sensor Device
Sector Technology Hardware
Buyer(s) Standex
Sellers(s) OKI
Deal Type Divestiture

Target

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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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 17 of 28
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: Japan M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-17 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-23 Tenibac-Graphion

Clinton Township, Michigan, United States

Tenibac-Graphion, Inc. is a provider of chemical and laser texturing services. Tenibac-Graphion, Inc. Tenibac-Graphion was founded in 1969 and is based in Clinton Township, Michigan.

Buy -

Seller(S) 1

SELLER

OKI

Tokyo, Japan

Category Company
Founded 1881
Sector Technology Hardware
Employees13,906
Revenue 452.5B JPY (2025)
DESCRIPTION

OKI is a telecommunications manufacturer in the Info-telecom field. OKI provides top-quality products, technologies, and solutions to customers through its info-telecom systems and printer operations. Its various business divisions function synergistically to bring to market exciting new products and technologies that meet a wide range of customer needs in various sectors. OKI was founded in 1881 and is based in Tokyo, Japan.


DEAL STATS #
Overall 1 of 2
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
Country: Japan M&A 1 of 1
Year: 2017 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-06 OKI Electric Industry Co. - IT Services & Software Assets

Brazil

OKI Electric Industry Co., Ltd. - IT Services & Software Assets is an IT services provider for financial, retail and other industries.

Sell -