Flexible Electronics News

Flex to Acquire Crown Technical Systems

Crown is a leader in custom-engineered, fully integrated power distribution and protection systems.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Flex announced that it has entered into a definitive agreement to acquire Crown Technical Systems, a leader in fully integrated power distribution and protection systems, for $325 million in an all-cash transaction. The transaction is expected to be accretive in the first year after closure. Crown Technical Systems brings nearly three decades of solving the most pressing power distribution and control challenges, with extensive capabilities in modular solutions, medium voltage switchgear, con...

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