# Flex acquires Electrical Power Products for $1.1 billion

Flex announced a definitive agreement to acquire Electrical Power Products, Inc. (EP²), a provider of engineered-to-order electrical power control and protection systems, for approximately $1.1 billion in cash. EP² operates a manufacturing campus in Des Moines, Iowa.

- Type: Acquisition
- Announced: 2026-03-30
- Where: Des Moines, Iowa, United States
- Value: $1.10B
- Status: announced
- Products: electrical power control and protection systems, control and relay panels, modular control buildings
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Flex](https://endata.com/companies/12844.md) (acquirer)
- [Electrical Power Products](https://endata.com/companies/91088.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/flex-announces-agreement-to-acquire-electrical-power-products-ep-302727889.html), 2026-03-30: "Flex (NASDAQ: FLEX) announced today that it has entered into a definitive agreement to acquire Electrical Power Products, Inc. ("EP 2 "), a leading provider of engineered-to-order electrical power control and protection systems."
- [electronicsmedia.info](https://www.electronicsmedia.info/2026/04/03/flex-announces-agreement-to-acquire-electrical-power-products/), 2026-04-03: "Flex announced that it has entered into a definitive agreement to acquire Electrical Power Products, Inc., a leading provider of engineered-to-order electrical power control and protection systems."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.