Tuesday, June 28, 2016
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Standex Int'l Acquires Meder Electronic Group
Salem, NH — Standex International Corporation has acquired MEDER Electronic Group, which designs, manufactures and distributes a broad offering of magnetic reed switch, reed relay and reed sensor solutions in an all-cash transaction. MEDER offers significant sales synergies as well as cost synergies resulting from expected procurement and infrastructure savings. The combination of MEDER electronic and Standex Electronics, resulting in Standex-Meder Electronics, a much stronger global organization with significantly enhanced sales and profitability growth prospects.

Contact: Standex-Meder Electronics, 4538 Camberwell Road, Cincinnati, OH 45209 866-782-6339 or 513-871-3777 fax: 513-871- 3779 E-mail: info@standexelectronics.com Web:
http://www.standexelectronics.com or http://www.standexmeder.com

 
 
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