Electrical Components International Acquires Flex-Tec, Inc.
June 25 2024 - 9:30AM
Business Wire
Electrical Components International, Inc. (“ECI”), a leading
global supplier of electrical distribution systems, control box
assemblies, and other critical engineered components for
diversified markets, today announced its acquisition of Flex-Tec,
Inc. (“Flex-Tec”).
Flex-Tec is a premier supplier of high-quality electrical wire
harnesses and cable assemblies to leading customers in the
commercial LED, smart lighting controls, and industrial technology
end markets. Founded in 1985, Flex-Tec is recognized as a trusted
partner in meeting diverse customer needs through exceptional
service and a commitment to continuous improvement. In this next
chapter, Flex-Tec will continue to be led by its current management
team while serving customers from its Byromville, Georgia location
and its cutting-edge manufacturing facility in Monterrey,
Mexico.
“We are pleased to partner with Flex-Tec as we continue driving
ECI’s expansion into high-growth and high-value market segments,”
said Mike Balsei, Chief Executive Officer of ECI. “With an
experienced team, longstanding customer relationships, and
specialized manufacturing expertise, Flex-Tec has established
itself as a partner of choice to industry leaders across commercial
and smart lighting end markets. We look forward to welcoming the
talented Flex-Tec team to ECI and supporting the company’s growth
as part of our Industrial Tech platform.”
Chuck Fitch, Chief Executive Officer of Flex-Tec, added: “We are
excited to join forces with ECI, building on our proud history of
delivering engineering-driven solutions. This is a perfect fit for
Flex-Tec as ECI is a like-minded partner that shares our commitment
to quality and manufacturing excellence. With the benefit of ECI’s
global infrastructure, we will look to expand our offerings, share
best practices, and continue to provide best-in-class service
levels to our customers.”
ECI is a portfolio company of Cerberus Capital Management, L.P.,
a global leader in alternative investing.
About ECI
Founded in 1953, Electrical Components International (ECI) is
one of the world’s leading suppliers of electrical distribution
systems, control box assemblies, and other critical engineered
components for diversified markets. With 25,000 employees and 40+
global manufacturing locations, ECI is the trusted partner to
market leaders with 500+ customers. At ECI, we power smart,
connected, and electrified solutions that enable the most advanced
technologies to solve the most complex challenges. For more
information about ECI, visit www.ecintl.com.
About Flex-Tec
Founded in 1985, Flex-Tec, Inc. is a premier North American
supplier of electrical harness systems, assemblies, and other
critical engineered components for LED Commercial Lighting,
Connected Lighting, and IoT markets. Flex-Tec possesses a
comprehensive suite of capabilities for electrical wire
preparation, wire harness assembly, electro-mechanical assembly,
and more. With decades of manufacturing experience, Flex-Tec is a
trusted partner to market-leading customers.
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version on businesswire.com: https://www.businesswire.com/news/home/20240624694232/en/
John Gilbert President of Corporate and Business Development
john.gilbert@ecintl.com