M&A Deal Summary

Flex Acquires Solectron

On October 1, 2007, Flex acquired electronics company Solectron

Acquisition Highlights
  • This is Flex’s 1st transaction in the Electronics sector.
  • This is Flex’s 2nd transaction in the United States.
  • This is Flex’s 1st transaction in California.

M&A Deal Summary
Date 2007-10-01
Target Solectron
Sector Electronics
Buyer(s) Flex
Deal Type Add-on Acquisition

Target

Solectron

Milpitas, California, United States
Solectron Corporation was a global electronics manufacturing company for original equipment manufacturers. It was the first electronics manufacturing services industry in 1977.

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Buyer(S) 1

Buyer

Flex

Singapore, Singapore
Category Company
Founded 1990
Sector Semiconductors
Employees167,201
Revenue 24.2B USD (2020)
DESCRIPTION
Flextronics facility in Fremont, California.
Flextronics facility in Fremont, California.

Flex is a Sketch-to-Scale™ solutions provider that designs, manufactures and distributes intelligent products for a connected world. Flex provides innovative design, engineering, manufacturing, real-time supply chain insight and logistics services to companies of all sizes in various industries and end-markets. Flex was founded in 1990 and is based in Singapore.

DEAL STATS #
Overall 2 of 13
Sector (Electronics) 1 of 2
Type (Add-on Acquisition) 2 of 13
State (California) 1 of 3
Country (United States) 2 of 9
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-07-31 Chatham Technologies

Westchester, Illinois, United States

Chatham Technologies, Inc. is a provider of integrated electronic packaging systems to the communications industry. Chatham specializes in world class system design, engineering, manufacturing, assembly, testing, and installation of system solutions for the full range of communication infrastructure applications and technologies, including switching, transmission, fixed access and mobile access.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-28 Avail Medical Products

Fort Worth, Texas, United States

Avail Medical Products, Inc. operates in a niche segment of the medical products industry, supplying custom-designed disposable products to national and regional manufacturers of medical supplies. Avail’s products are used principally in an operating room environment to improve efficiencies and prevent infections, with major customers including Johnson & Johnson and Baxter International.

Buy -
Mergr

Product

Company

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