Company: SXI
Filing Date: 2025-08-04
Form Type: 10-K
Source: 0001437749-25-024450
Chunk: 680

Company: STANDEX INTERNATIONAL CORP/DE/
Filing Date: 2025-08-04
Form: 10-K
Item: Item 7
Chunk 680
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, 2024, and 2023 respectively.

       Goodwill    Identifiable Assets  
   2025    2024    2025    2024  
 Electronics  $459,051  $149,910  $944,506  $435,473 
 Engineering Technologies   53,778   36,255   219,754   128,897 
 Scientific   15,454   15,454   108,402   104,634 
 Engraving   78,996   76,605   238,088   262,317 
 Specialty Solutions   3,059   3,059   40,310   41,369 
 Corporate & Other   -   -   15,820   32,367 
 Total  $610,338  $281,283  $1,566,880  $1,005,057 

     Tangible Long-lived assets   2025    2024  
 United States  $74,525  $56,479 
 Asia Pacific   44,427   40,207 
 EMEA (2)   36,731   33,474 
 Other Americas   4,681   4,803 
 Total  $160,364  $134,963 

     (2)  EMEA consists primarily of Europe, Middle East and S. Africa. 

   18. Divestitures
    
   On  February 28, 2023, the Company divested its Procon pumps business (“Procon”) to Investindustrial, a leading European investment and advisory group. Procon generated approximately $21.2 million in revenue in the first eight months of fiscal year 2023. Procon, which is reported within the Specialty Solutions Group, was divested in order to focus on the continued simplification of the Company’s portfolio and enable greater focus on managing larger platforms and pursuing growth opportunities. The Company received $67.0 million cash consideration at closing, which was presented as an investing cash flow for fiscal year 2023.  Cash consideration received at closing excluded amounts held in escrow and was net of closing cash. The Company recorded a pre-tax gain on sale of the business of