CASE STUDY: STANDEX INTERNATIONAL CORP.
Standex Divested Enginetics to Enjet Aero
TARGET
Enginetics Corporation
INDUSTRIES
Industrial, Aerospace and Defense
TRANSACTION TYPE
Corporate Divestiture
GEOGRAPHY
New Hampshire, United States
SITUATION
Seale & Associates was retained by Standex International, for the divestiture of Enginetics Corporation, its jet engine components business.
OUTCOME
Seale & Associates ran a disciplined and competitive process that resulted in the divestiture of Enginetics Corporation to Enjet Aero, LLC, a privately-held aerospace engine component manufacturing company.
"We appreciate the opportunity to assist Standex in further shaping its vision and portfolio. We also offer congratulations to the combined Enjet and Enginetics teams and wish them the best in the future. Going forward, we expect to see ongoing consolidation in the engines supply base as well as the broader aerospace supply chain."
Robert Whitney
Managing Director at Seale & Associates
Are you considering divesting a subsidiary or non-core business from your portfolio?
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