Electrical Power Products Acquisition | Manufacturing Deal in IA

Flex has completed the acquisition of Electrical Power Products (EP²), a industrial equipment business in Iowa, for $323 million. Electrical Power Products designs and manufactures electrical power components used in industrial and commercial applications, supporting power distribution and related capabilities. Flex’s electrical power products acquisition expands its manufacturing M&A footprint and strengthens its platform acquisition strategy for industrial equipment acquisition in IA acquisitions. The public company acquisition is structured as a platform acquisition to broaden product offerings and meet customer demand for power solutions. Deal size was reported at $323 million, with the agreement announced and subject to customary closing conditions.