October 18, 2021
Flex Announces Definitive Agreement to Acquire Anord Mardix
Acquisition Strengthens Company's Industrial Business in Power and Data Center Solutions Flex (NASDAQ: FLEX) announced today it has entered into a definitive agreement to acquire Anord Mardix, a global leader in critical power solutions, from private equity firm Bertram Capital. The acquisition adds to Flex's portfolio of Power products and expands its offering in the data center market. The $540 million all-cash transaction has been unanimously approved by Flex's Board of Directors and is expected to close in the fourth quarter of calendar 2021, subject to customary closing conditions, including regulatory approval. Anord Mardix was established in 2018 as a result of a business combination between Anord Control Systems and Mardix, each with over 50 years of engineering experience. Anord Mardix offers an extensive product portfolio of critical power solutions including switchgear, busway, power distribution and modular power systems, along with monitoring solutions and services....
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October 13, 2021
Flex Announces Date for Second Quarter Fiscal 2022 Earnings Call
Flex (NASDAQ: FLEX) will announce its second quarter fiscal year 2022 financial results after the market close on Wednesday, October 27, 2021. The company will hold a conference call to discuss the results on the same day at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). The dial-in number for the conference call is 877-201-0168 with passcode Q2Flex. The live webcast of the call and accompanying slides will be available on the Flex Investor Relations (IR) website located at investors.flex.com . An audio replay and transcript will also be available on the IR website after the call. About Flex Ltd. Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the world. Through the collective strength of a global workforce across 30 countries and responsible, sustainable operations, Flex delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets. Investors...
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September 27, 2021
Flex Welcomes Xavier Boza as Chief Human Resources Officer
Flex (NASDAQ: FLEX) today announced that Xavier Boza has joined the company as chief human resources officer (CHRO). Mr. Boza will report directly to CEO, Revathi Advaithi. Mr. Boza joins Flex with nearly 25 years of human resources experience including defining and implementing strategic initiatives to modernize HR and generate business critical value within the function. Most recently, he served as the executive vice president and CHRO for Campbell's Soup Company. While at Campbell's, Mr. Boza reported directly to the CEO and was responsible for the global human resources organization. During this time, he led HR functions through divestitures, M&A and substantial transformations that supported growth. Prior to Campbell's, Mr. Boza held HR leadership roles at diverse organizations with globally dispersed teams such as Kellogg's Company and Kraft Food Group. Throughout these opportunities, Mr. Boza served as a strategic trusted advisor to C-Suite leaders and the board. "It's a...
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