Standex Signs Definitive Agreement to Sell Cooking Solutions Group to the Middleby Corporation

SALEM, N.H.–(BUSINESS WIRE)–Standex International Corporation (NYSE:SXI) today announced that it has signed a definitive agreement to sell its Cooking Solutions Group (CSG), which is part of Standex’s Food Service Equipment Group (FSEG) segment, to The Middleby Corporation, a diversified food service equipment company. Upon the closing, Middleby will pay Standex a cash purchase price of $105 million, … Continue reading Standex Signs Definitive Agreement to Sell Cooking Solutions Group to the Middleby Corporation