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Flex completed the acquisition of Anord Mardix from Bertram Capital for $540m.

Synopsis

Flex, a manufacturing partner, completed the acquisition of Anord Mardix, a company specializing in critical power distribution, from Bertram Capital, a private equity firm, for $540m. “We are excited to complete this transaction and welcome the Anord Mardix team to Flex. This transaction advances Flex’s shift toward higher margin lines of business and meaningfully strengthens our ability to offer leading data center power solutions for new and existing customers around the world," Revathi Advaithi, Flex CEO.

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