Standex International Corporation (NYSE: SXI) today announced that it has completed the previously disclosed sale of its Refrigerated Solutions Group to Ten Oaks Group.

"We are pleased to have successfully completed the sale of the Refrigerated Solutions Group and believe that Ten Oaks' stewardship will be beneficial to the business, its customers and employees. I want to thank the employees of the Refrigeration business for their dedication and many contributions to Standex," commented President and Chief Executive Officer David Dunbar.

Dunbar continued, "The completion of this divestiture is an important step toward further simplifying the portfolio in line with our long-term strategy of focusing on those businesses with attractive growth and margin profiles, as well as strong end market and customer value propositions."

About Standex

Standex International Corporation is a multi-industry manufacturer in five broad business segments: Engraving, Electronics, Engineering Technologies, Hydraulics, and Food Service Equipment with operations in the United States, Europe, Canada, Japan, Singapore, Mexico, Brazil, Turkey, South Africa, India and China. For additional information, visit the Company's website at http://standex.com/.