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Form 8-K · Current Report · Filed 2026-09-03

Flex Ltd. to Acquire EPC Power and Spin-Off Cloud and Power Infrastructure Business

On September 3, 2026, Flex Ltd. announced its entry into a definitive agreement to acquire EPC Power Corp. for $4.4 billion. The acquisition is expected to close in Q4 2026 and will add leading power conversion capabilities for data center and grid applications to Flex's Cloud and Power Infrastructure (CPI) segment. Flex plans to spin off its CPI segment into an independent publicly traded company in Q1 2027. The acquisition is expected to enhance Flex's growth and EBITDA margin profile and accelerate its position for the transition to next-generation 800V data center power architectures.

Filer
Flex Ltd. FLEX · NASDAQ
Filed
Accession
0001193125-26-382492
CIK
0000866374
Signal
High impactTechnology

Items reported

Item events

Reported Item

M&A Agreement Strategic Partnership Spin-Off

Market reaction

Close before filing

$105.95

Since filing

+1.8%

Latest close

$107.89

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from FLEX reporting the same item, with the next session's move:

Insider tape

Within 45 days of this filing, FLEX insiders reported 20 Form 4 transactions — net selling of $332K.

Full FLEX insider history →

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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