Will Flex's Top-Line Benefit From Crown Technical Systems Buyout?

Flex Ltd. (FLEX) has announced a definitive agreement to acquire Crown Technical Systems for $325 million in an all-cash deal. The acquisition is anticipated to be accretive within the first year following buyout completion. It is expected to be finalized by December 2024, pending standard closing conditions, including regulatory approvals. This acquisition enhances Flex's presence in rapidly expanding and profitable markets, particularly in modular data center adoption and medium-voltage power distribution ...