About This Deal

FLEX LTD. acquired Electrical Power Products, Inc. (EP2), a transaction completed in May 2026, structured as Acquisition (terms not disclosed).

Electrical Power Products, Inc. (EP2) operates in Embedded and Critical Power, is based in United States (Iowa). Electrical Power Products (EP2), headquartered in Des Moines, Iowa, has more than 35 years of experience designing, integrating and manufacturing engineered-to-order control and relay panels and modular, integrated control buildings. Flex acquired it to expand its Critical Power offering with engineered-to-order power control and protection capabilities for utility, power-generation and data center customers, integrating EP2 into Flex's Embedded and Critical Power business.

Strengthens Flex's Critical Power platform amid grid modernization, electrification, growing data center demand, and U.S. reshoring.

Deal Terms

Acquirer
FLEX LTD.
Target
Electrical Power Products, Inc. (EP2)
Value
Not disclosed
Date
May 2026
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States (Iowa)
Segment
Embedded and Critical Power
Structure
Acquisition (terms not disclosed)
Closed
May 4, 2026

Advisors

Advisory firms were not disclosed for this transaction.

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Sources: Press release ↗ · Last updated July 16, 2026

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