# Novares acquires minority stake in FlexEnable

Novares Group has acquired a minority stake in FlexEnable Ltd, a world leader in Organic Thin Film Transistor (OTFT) plastic electronics. The investment is the first step in a partnership to develop flexible electronic displays and sensors for automotive applications.

- Type: Acquisition
- Announced: 2018-05-01
- Status: completed
- Products: organic thin film transistor (OTFT) plastic electronics, flexible electronic displays, sensors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Novares](https://endata.com/companies/26886.md) (acquirer)
- [FlexEnable](https://endata.com/companies/31628.md) (target)

## Sources

- [mp-corporatefinance.com](https://www.mp-corporatefinance.com/deals/novares-acquired-a-minority-stake-in-flexenable/), 2018-05-01: "The investment is the first step in an exciting partnership to develop innovative glass-free flexible electronic displays and sensors or 'smart surfaces' for automotive applications."

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