Flex is making a major move to strengthen its presence in critical power infrastructure. The company announced it has reached a definitive agreement to acquire Electrical Power Products (EP2) for US$1.1 billion, signaling a clear push to scale up its capabilities in high-demand power and energy markets.
EP2 is known for engineered-to-order electrical control and protection systems, the kind of custom-built technology that helps keep complex facilities running safely and reliably. These systems are essential in environments where downtime isn’t an option, supporting everything from power distribution and industrial operations to other mission-critical infrastructure that depends on stable, protected electrical performance.
For Flex, the EP2 acquisition is positioned as a strategic expansion of its footprint in critical power. As electricity demand rises and more industries modernize equipment, invest in resilience, and upgrade aging infrastructure, engineered electrical control and protection solutions are becoming increasingly important. Bringing EP2 into the fold could help Flex broaden its offerings and meet customer needs for tailored, high-performance power systems.
The deal value, set at US$1.1 billion, underscores how valuable specialized power infrastructure companies have become in today’s market. With this agreement, Flex is betting on long-term growth tied to grid reliability, electrification, and the expanding need for robust electrical control solutions.
Flex said the agreement is definitive, meaning the two sides have reached finalized terms, moving the acquisition closer to completion as the company continues building out its critical power infrastructure portfolio.
