---
schema_version: "secwatch.filing_event.v1"
accession: "0000866374-24-000045"
form_type: "8-K"
ticker: "FLEX"
cik: "0000866374"
company_name: "FLEX LTD."
filed_at: "2024-10-17T23:59:59+00:00"
generated_at: "2026-05-30T13:31:09.111847+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Flex acquires Crown Technical Systems for $325M all-cash; expected close Dec 2024

## Summary
- Purchase price $325M in cash; deal expected to be accretive in first year after close.
- Crown Technical Systems generates ~$120M revenue and high-teens EBITDA margin in FY2025.
- Acquisition extends Flex's power portfolio into utility power and modular data center markets.
- Transaction expected to close by December 2024, subject to regulatory approval and conditions.
- Crown brings nearly 30 years of custom-engineered power distribution and medium voltage switchgear.

## SEC filing metadata
- accession: 0000866374-24-000045
- form_type: 8-K
- ticker: FLEX
- cik: 0000866374
- company_name: FLEX LTD.
- filed_at: 2024-10-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866374/000086637424000045/0000866374-24-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866374/000086637424000045/flex-20241017.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866374-24-000045
- JSON: https://secwatch.observer/filing/0000866374-24-000045.json
- Plain text: https://secwatch.observer/filing/0000866374-24-000045.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.