Flex Acquires FreeFlow to Enhance Sustainability and Expand Services

Summary:

Flex (NASDAQ: FLEX) has announced its acquisition of FreeFlow, a company renowned for asset disposition and digital circular economy tracking and reporting capabilities in global secondary markets. FreeFlow's B2B digital marketplace platform enables customers to sell surplus and returned inventory while protecting primary sales channels. This acquisition expands Flex's service offerings across multiple sectors, including data centers, enterprises, and lifestyle markets, creating new revenue streams and accelerating sustainability through second-life products.

FreeFlow's platform strengthens Flex's product lifecycle services, which include design, supply chain, advanced manufacturing, vertical integration, post-production, and post-sale capabilities. The addition enhances existing reverse logistics and circular economy functions, such as sustainability analytics, repair, refurbishment, asset recovery, and recycling.

Flex's acquisition of FreeFlow aligns with its strategy to deliver maximum value to customers by addressing their evolving business and sustainability needs across the product lifecycle. This move further differentiates Flex's end-to-end services, enabling a diverse range of customers—from cloud services to lifestyle brands—to benefit from second-life products and meet their environmental commitments.

Flex plans to expand FreeFlow's digital circular economy tracking and reporting capabilities into additional industry segments and regions. This will help new and existing customers securely access secondary markets and accelerate the adoption of sustainable solutions.

About FreeFlow

For over 20 years, FreeFlow has enhanced product lifecycle profitability through its expertise in circularity and a scalable, cloud-based B2B secondary marketplace for asset disposition. This platform allows customers to sell surplus and returned inventory while protecting primary channel strategies. The independently-hosted digital platform eliminates the need for IT systems integration and offers a secure marketplace that provides complete control over sales processes, trading, and reporting.

Recently, FreeFlow introduced digital circular economy tracking and reporting capabilities, enabling customers to collect and share product lifecycle information, make informed decisions about manufacturing, reuse, and recycling, and report associated carbon impacts.

About Flex

Flex is a global manufacturing partner helping a diverse customer base design and build products that improve the world. With a strong global workforce across 30 countries and a commitment to responsible, sustainable operations, Flex delivers technological innovation, supply chain, and manufacturing solutions to a wide range of industries and end markets.