Flexible Electronics News

Flex Announces Definitive Agreement to Acquire Anord Mardix

Acquisition strengthens company's industrial business in power and data center solutions.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Flex announced it has entered into a definitive agreement to acquire Anord Mardix, a global leader in critical power solutions, from private equity firm Bertram Capital. The acquisition adds to Flex’s portfolio of Power products and expands its offering in the data center market. The $540 million all-cash transaction has been unanimously approved by Flex’s Board of Directors and is expected to close in the fourth quarter of calendar 2021, subject to customary closing conditions, inc...

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