Press Release: Ultrafryer Systems : Standex Expands Presence in Food Service Chain Fryer Segment with Acquisition of Ultrafryer Systems

SALEM, N.H.--(BUSINESS WIRE)--Standex International Corporation (NYSE:SXI) announced today that it has acquired San Antonio-based Ultrafryer Systems®, a leading producer of commercial deep fryers for restaurant and commercial installations. Ultrafryer had revenue of approximately $15 million in the trailing twelve months. The acquisition of Ultrafryer is expected to be accretive to earnings of $0.02 - $0.04 cents in Fiscal 2015 and $0.14 to $0.16 in Fiscal 2016.1 "I am pleased to welcome Ultraf