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Standex Divests Minority Interest In Italy’s Giorik To Ease Cooking Solutions Group Sale

Written by The Ashton Report

Standex Int’l. has sold its minority interest in Giorik SpA to the Italian company’s majority owner. The company said “It was necessary to have the company’s partner repurchase the minority interest in Giorik to allow the eventual buyers of Cooking Solutions maximum flexibility and to have a supply contract with the partner in place.” Giorik…

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