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Standex Int’l. To Divest Refrigerated Solutions Group

Written by The Ashton Report

Standex Int’l. Corp. announced March 13 that it has entered into a definitive agreement to sell its Refrigerated Solutions Group to Ten Oaks Group, for $11 million in cash. Ten Oaks is a family office private equity company that specializes in divestitures. RSG has annual sales of about $150 million for the year ended June…

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