Flex Ltd. Announces Strategic Acquisition of Electrical Power Products, Inc. — Major Expansion in U.S. Power Infrastructure

Key Highlights

• Acquisition Announcement: On March 30, 2026, Flex Ltd. announced that it has entered into an agreement to acquire Electrical Power Products, Inc. (EP²).
• Revenue Impact: EP² is expected to generate approximately \$323 million in revenue for the fiscal year ending March 31, 2026, with anticipated double-digit organic growth and a mid to high-teens adjusted EBITDA margin profile.
• Transaction Timing: The transaction is expected to close in the first quarter of Flex’s fiscal year 2027, pending customary closing conditions, including regulatory clearance under the Hart-Scott-Rodino Act.
• Strategic Rationale: The acquisition strengthens Flex’s portfolio in critical power technologies and positions it as a key player in modernizing the U.S. electrical backbone, particularly valuable as utility operators face unprecedented demand and complexity.
• Management Commentary: CEO Revathi Advaithi emphasized that EP²’s engineered-to-order expertise and customer-centric approach will bolster Flex’s ability to deliver dependable, scalable, and innovative power solutions.
• Financial Advisors: Citi is serving as exclusive financial advisor to Flex Ltd., while RA Capital Associates LLC is advising Electrical Power Products, Inc.
• Further Discussion: Flex management will discuss the acquisition in more detail during its upcoming earnings call.

Details for Investors & Shareholders

• Potential Share Price Impact: The acquisition represents a significant expansion for Flex Ltd. into the U.S. power infrastructure market, which may be price sensitive given the anticipated revenue growth, margin profile, and strategic importance of the transaction.
• Integration Risks: As with any acquisition, there are risks related to integration, retention of key personnel, and achieving expected synergies and benefits. The press release notes possible delays or failure to close the transaction, disruption to business, and other typical risks associated with M&A.
• Forward-Looking Statements: The company cautions investors not to place undue reliance on forward-looking statements regarding benefits, timing, and performance, as actual outcomes may differ due to regulatory, operational, and market risks.
• Regulatory Approval: The closing is subject to clearance under the Hart-Scott-Rodino Act and other customary conditions.
• Growth Profile: EP² is expected to deliver double-digit organic growth, which, if realized, could significantly enhance Flex’s financial performance and market position in the coming fiscal years.
• Shareholder Attention: Shareholders should monitor regulatory developments and management commentary, especially during Flex’s upcoming earnings call for further insights into the integration and strategic roadmap.

Company Overview

Flex Ltd. (Reg. No. 199002645H) is a global manufacturing partner operating in over 30 countries, specializing in technology innovation, supply chain, and manufacturing solutions for diverse industries and end markets. The company is listed on NASDAQ under the trading symbol FLEX. The business address is 12515-8 Research Blvd, Suite 300, Austin, TX 78759.

Media Contacts

• Investors & Analysts: Michelle Simmons, Senior Vice President, Global Investor Relations and Public Relations, (669) 242-6332, [email protected]
• Media & Press: [email protected]

Forward-Looking Statements Disclaimer

This article contains forward-looking statements as defined by Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on current expectations and involve risks and uncertainties. Actual results may differ materially due to regulatory, operational, and market risks, including those described in Flex Ltd.’s SEC filings. Flex undertakes no obligation to update or revise any forward-looking statements except as required by law.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult with their financial advisors before making investment decisions. The information herein is based on publicly available filings and press releases as of March 30, 2026, and may be subject to change.

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