---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-032361"
form_type: "8-K"
ticker: "SXI"
cik: "0000310354"
company_name: "STANDEX INTERNATIONAL CORP/DE/"
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:26:53.254360+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Standex Q1 sales down 7.7% but record gross margin; acquires Amran/Narayan for $462M

## Summary
- Acquired Amran Instrument Transformers and Narayan Powertech for ~$462M combined enterprise value; 85-90% cash.
- Acquisition expected to be immediately accretive to revenue, EBITDA margin, EPS and FCF; Amran/Narayan CY2024 revenue ~$100M with >40% adjusted EBITDA margin.
- Q1 FY2025 sales $170.5M (-7.7% YoY); record gross margin 41.1%; GAAP diluted EPS $1.53, adjusted $1.71.
- Quarterly dividend raised 6.7% to $0.32 per share, payable Nov 22, 2024 to holders of record Nov 8, 2024.
- Pro forma fast-growth end markets now ~25% of sales; consolidated adjusted EBITDA margin expected to expand >200bps in first full year.

## SEC filing metadata
- accession: 0001437749-24-032361
- form_type: 8-K
- ticker: SXI
- cik: 0000310354
- company_name: STANDEX INTERNATIONAL CORP/DE/
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/310354/000143774924032361/0001437749-24-032361-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/310354/000143774924032361/sxi20241028c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-032361
- JSON: https://secwatch.observer/filing/0001437749-24-032361.json
- Plain text: https://secwatch.observer/filing/0001437749-24-032361.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.