Electromagnetics
Standex Makes Its Biggest Deal Ever, Acquires Amran/Narayan in USA & India for $462M
Standex International has acquired, in separate transactions, privately-held US-based Amran Instrument Transformers and India-based Narayan Powertech Pvt. Ltd. for a combined price of about $462 million.At locations in the United States and India, the Amran/Narayan Group manufactures low voltage and medium voltage instrument transformers. Its custom product portfolio is specifically designed and developed in partnership with OEMs for their electrical grid equipment. […]