Acquired Magnetics Minntronix, Inc. was acquired by Standex International for approximately $30 million in cash, signaling enhanced financial backing and potential access to Standex' broader customer base and distribution channels for cross-selling magnetic components and engineered magnetics.

Engineering Focus The company specializes in custom magnetics including coils, inductors, and transformers with engineer-to-engineer technical support, offering a direct line to design teams for tailored magnetic solutions and potential collaboration on new medical, industrial, and consumer electronics applications.

Mid-market Footprint Size and scope: 11-50 employees with revenue in the $25M-$50M range, placing Minntronix in the mid-market segment where personalized engineering services and flexible manufacturing can be leveraged to win mid-size contract opportunities from larger EMS and electronics OEMs.

Markets & Use Target markets include industrial, medical, and consumer electronics, suggesting opportunities to upsell advanced magnetic components, high-reliability inductors, and transformer solutions in safety-critical or regulatory-heavy sectors.

Growth Partners As a Standex portfolio company, there is potential to expand into Standex’ global footprint, supply chain integrations, and advanced manufacturing capabilities, enabling joint sales motions, broader geographic reach, and enhanced service offerings for magnetics.