Standex International Corp. has announced that it has acquired all of the outstanding shares of Associated American Industries (APW Wyott), a privately held company with annual sales of $72 million, in a cash transaction valued at approximately $84 million. The combined operation will is expected to position Standex as one of the leading food service equipment manufacturers in North America, with around $350 million in annual revenues. AAI’s brands and products include APW Wyott counter top ...
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