Flex Completes EP² Acquisition, Adds Engineered Critical Power and Midwest Manufacturing
Flex has completed its acquisition of Electrical Power Products (EP²), adding engineered-to-order electrical power control and protection systems. The deal enhances its Critical Power portfolio with utility-grade solutions, boosts Midwest manufacturing capacity, and targets growth in grid modernization, electrification, data center demand, and U.S. reshoring.
1. Acquisition Finalization
Flex has completed its acquisition of Electrical Power Products (EP²), integrating EP²'s employees, leadership, and Des Moines facilities into its Embedded and Critical Power business.
2. Portfolio Expansion
EP² contributes over 35 years of engineered-to-order electrical power control and protection expertise, enhancing Flex's Critical Power offering for utility, power generation, and data center customers.
3. Manufacturing Scale and Reshoring
The acquisition adds a scaled Midwest manufacturing presence, supporting U.S. reshoring initiatives and increasing capacity for customized power control solutions.
4. Growth Drivers and Outlook
Flex anticipates long-term growth driven by grid modernization, electrification, rising data center demand, and resilient infrastructure needs, leveraging EP²'s utility-grade solutions.