AeriTek Acquires Federal Industries, Significantly Bolstering U.S. Presence
KENNESAW, Ga.--(BUSINESS WIRE)--AeriTek Global Holdings LLC ("AeriTek"), a portfolio company of Mill Point Capital LLC ("Mill Point Capital"), announced today the acquisition of Federal Industries, LLC ("Federal") in a carve-out transaction from Standex International Corporation (NYSE: SXI). Federal is a leading U.S.-based manufacturer of refrigerated, heated and ambient food and beverage merchandising display cases serving customers across a diverse set of foodservice end markets including con.