Standex acquires Kool Star walk-in cold storage division

Standex International Corp. announced it acquired the Kool Star Division of Three-Star Refrigeration Engineering Inc., a ~$9M-annual-sales walk-in cold storage maker, to be integrated into its Food Service Equipment Group. Terms were not disclosed.

“Standex International Corp. announced that it has acquired the Kool Star Division of Three-Star Refrigeration Engineering Inc. Kool Star, a walk-in cold storage manufacturer, services primarily the West Coast and Southwest portions of the United States. Its annual sales are approximately $9 million.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.