Flex Completes Acquisition of Crown Technical Systems
Flex (NASDAQ: FLEX) has completed its $325 million all-cash acquisition of Crown Technical Systems, a leader in power distribution and protection systems. The acquisition enhances Flex's exposure to growing markets, including modular data center adoption and medium voltage power distribution, while extending its power portfolio into the utility power market. Crown Technical Systems is projected to generate approximately $120 million in revenue with high-teens EBITDA margin in fiscal 2025. The acquired company will be integrated into Flex's Industrial Business unit within the Reliability Solutions segment.
Flex (NASDAQ: FLEX) ha completato l'acquisizione in contante di 325 milioni di dollari della Crown Technical Systems, un leader nei sistemi di distribuzione e protezione dell'energia. Questa acquisizione aumenta l'esposizione di Flex a mercati in crescita, inclusa l'adozione di centri dati modulari e distribuzione di energia a media tensione, estendendo al contempo il suo portafoglio energetico nel mercato dell'energia pubblica. Si prevede che Crown Technical Systems generi circa 120 milioni di dollari di fatturato con un margine EBITDA di alta percentuale per l'esercizio 2025. L'azienda acquisita sarà integrata nel'unità Business Industriale di Flex, all'interno del segmento Soluzioni di Affidabilità.
Flex (NASDAQ: FLEX) ha completado su adquisición en efectivo de 325 millones de dólares de Crown Technical Systems, un líder en sistemas de distribución y protección de energía. La adquisición mejora la exposición de Flex a mercados en crecimiento, incluyendo la adopción de centros de datos modulares y la distribución de energía a media tensión, al tiempo que amplía su cartera de energía en el mercado de servicios públicos. Se proyecta que Crown Technical Systems genere aproximadamente 120 millones de dólares en ingresos con un margen EBITDA de alta teens en el ejercicio fiscal 2025. La empresa adquirida se integrará en la unidad de Negocios Industriales de Flex dentro del segmento de Soluciones de Confiabilidad.
Flex (NASDAQ: FLEX)는 3억 2,500만 달러의 현금으로 Crown Technical Systems를 인수했습니다. Crown Technical Systems는 전력 분배 및 보호 시스템 분야의 선두업체입니다. 이번 인수는 Flex의 시장 성장 기회를 증가시키며, 모듈형 데이터 센터의 채택과 중전압 전력 분배를 포함하여, 유틸리티 전력 시장으로 전력 포트폴리오를 확장하는 데 기여합니다. Crown Technical Systems는 2025 회계 연도에 약 1억 2,000만 달러의 수익을 창출하며, 높은 십대의 EBITDA 마진을 기록할 것으로 예상됩니다. 인수된 회사는 Flex의 산업 비즈니스 유닛 내 신뢰성 솔루션 세그먼트에 통합될 것입니다.
Flex (NASDAQ: FLEX) a finalisé son acquisition entièrement en espèces de 325 millions de dollars de Crown Technical Systems, un leader dans les systèmes de distribution et de protection de l'énergie. Cette acquisition accroît l'exposition de Flex à des marchés en pleine croissance, y compris l'adoption de centres de données modulaires et la distribution d'énergie à moyenne tension, tout en élargissant son portefeuille énergétique sur le marché de l'énergie publique. Crown Technical Systems devrait générer environ 120 millions de dollars de revenus avec une marge EBITDA à deux chiffres élevée au cours de l'exercice fiscal 2025. La société acquise sera intégrée dans l'unité commerciale industrielle de Flex au sein du segment des Solutions de Fiabilité.
Flex (NASDAQ: FLEX) hat die vollständige Barakquisition von 325 Millionen Dollar für Crown Technical Systems abgeschlossen, einen führenden Anbieter von Energieverteilungs- und -schutzsystemen. Die Übernahme erhöht Flex' Zugang zu wachsenden Märkten, einschließlich der Akzeptanz von modularen Rechenzentren und der Mittelspannungs- Energieverteilung, während sie das Energieportfolio von Flex in den Versorgungsmarkt ausweitet. Crown Technical Systems wird voraussichtlich etwa 120 Millionen Dollar Umsatz mit einer EBITDA-Marge im hohen Teen-Bereich im Geschäftsjahr 2025 erzielen. Das erworbene Unternehmen wird in die Industriegeschäftseinheit von Flex im Bereich der Zuverlässigkeitslösungen integriert.
- All-cash acquisition worth $325 million strengthens market position
- Expected revenue contribution of $120 million in fiscal 2025
- High-teens EBITDA margin indicates strong profitability
- Expansion into fast-growing, margin accretive end-markets
- Enhanced presence in U.S. data center market
- Significant cash outlay of $325 million impacts immediate liquidity
Insights
This
The transaction expands Flex's footprint in the rapidly growing data center and utility power markets, particularly valuable as the U.S. data center industry experiences substantial growth driven by AI and cloud computing demands. The all-cash nature of the deal suggests strong balance sheet management, while the strategic integration into the Industrial Business unit should create operational synergies and cross-selling opportunities.
The acquisition strategically positions Flex to capitalize on two major tech infrastructure trends: the shift toward modular data centers and the increasing demand for sophisticated power distribution systems. Modular data centers are gaining traction due to their scalability, faster deployment times and cost efficiency. Crown's expertise in power distribution and protection systems is particularly valuable as data centers become more power-intensive with the proliferation of AI workloads.
The integration of Crown's capabilities into Flex's portfolio creates a more comprehensive offering in the critical power infrastructure space, enabling Flex to capture a larger share of the data center value chain. This vertical integration strategy could provide a competitive advantage in securing large-scale data center projects.
The acquisition further increases Flex exposure to fast-growing, margin accretive end-markets, including modular data center adoption and medium voltage power distribution, and extends the company's power portfolio into the utility power market. Additionally, the deal strengthens Flex's critical power portfolio and supports further growth in the
"We are pleased to welcome the Crown Technical Systems team officially to Flex," said Revathi Advaithi, CEO, Flex. "This transaction strategically strengthens our unique EMS + Products + Services data center and power portfolio and expands our presence in high growth markets to help drive long-term value for our customers and shareholders."
Crown Technical Systems is expected to generate revenue of approximately
About Flex
Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the world. Through the collective strength of a global workforce across 30 countries and responsible, sustainable operations, Flex delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets.
Contacts
Investors & Analysts
David A. Rubin
Vice President, Investor Relations
(408) 577-4632
David.Rubin@flex.com
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Jessica Anderson
Director, Corporate Integrated Marketing and Communications
(408) 577-4789
Jessica.Anderson@flex.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of
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SOURCE Flex
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