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Flextronics Acquires CEAG's FMP Business Unit

Published: 09 May 2008
 by Staff
SINGAPORE - Flextronics has announced that it has completed its acquisition of the FRIWO Mobile Power (FMP) business unit of CEAG AG, a manufacturer of power supplies and chargers for mobile telephones. FMP will be incorporated into Flextronics' power supply division.

"The acquisition of the FRIWO Mobile Power Business unit substantially expands our power supply capability and…this acquisition broadens our relationships with mobile phone OEMS, enhances our global reach and adds vertical integration capabilities. On behalf of Flextronics, I would like to welcome the FMP team to our organization," said Bob Roohparvar, president of Flextronic subsidiary Vista Point Technologies.

The acquisition will reportedly add approximately 18,000 employees and 700,000 square feet of manufacturing capacity in China.

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