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Flextronics International to acquire AFL Stribel Production

Flextronics International, Ltd. has agreed to acquire AFL Stribel Production GmbH, a Germany-based manufacturer of electronic control units for the automotive industry, from Alcoa, Inc.

Flextronics is a Singapore-based provider of design and electronics manufacturing services, while Alcoa is a US-based company engaged in the production and sale of primary and fabricated aluminum.

Deal Type    Acquisition
Sub-Category Majority Acquisition
Deal Status  Announced: 2009-11-03

Deal Participants

Target (Company)   AFL Stribel Production GmbH
Acquirer (Company) Flextronics International, Ltd.
Vendor (Company)   Alcoa, Inc.

Copyright (C) 2009 Datamonitor Financial Deals Tracker. All rights reserved

News Provided by COMTEX


Related terms: acquisition, electronics, germany, manufacturer, manufacturing, singapore

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