Flex Ltd.
Flex Ltd. Announces Agreement to Acquire Electrical Power Products, Inc.
Summary
Flex Ltd. has entered into a definitive agreement to acquire Electrical Power Products, Inc., a leading provider of engineered-to-order electrical power control and protection systems. The all-cash transaction is valued at approximately $1.1 billion and is expected to be accretive to adjusted EPS in the first full fiscal year after close. The acquisition will expand Flex's capabilities in the critical power sector and is expected to close in the first quarter of Flex's fiscal year 2027, subject to customary closing conditions.
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About Flex Ltd.
Flex Ltd. is a leading manufacturing and supply chain solutions provider that operates on a global scale. The company primarily focuses on developing and delivering innovative product solutions for a broad range of industries including consumer electronics, industrial automation, automotive, healthcare, and energy. Leveraging advanced technologies and supply chain expertise, Flex Ltd. offers comprehensive services ranging from design, engineering, and manufacturing to logistics and post-production support. As a key player in the manufacturing sector, the company enables its clients to streamline their operations, reduce costs, and accelerate time-to-market for new products. Flex Ltd.'s strategic global footprint, encompassing facilities and offices in over 30 countries, highlights its significant role in facilitating a seamless flow of goods across international markets. Founded in 1969 and headquartered in Singapore, Flex Ltd. continues to influence how businesses adapt to evolving technological and market demands with its commitment to efficiency, sustainability, and innovation.
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