Standex Expands Presence in Food Service Chain Fryer Segment with Acquisition of Ultrafryer Systems

Public Company Information: NYSE:SXI SALEM, N.H.–(BUSINESS WIRE)–Standex International Corporation (NYSE:SXI) announced today that it has acquired San Antonio-based Ultrafryer Systems®, a leading producer of commercial deep fryers for restaurant and commercial installations. Ultrafryer had revenue of approximately $15 million in the trailing twelve months. The acquisition of Ultrafryer is expected to be accretive to earnings … Continue reading Standex Expands Presence in Food Service Chain Fryer Segment with Acquisition of Ultrafryer Systems