Abstract:
On 28th February 2008, Flextronics announced a business deal with Avail Medical Products Inc. The announcement made it clear that Flextronics has acquired Avail Medical Products Inc., in order to strengthen the medical segment of Flextronics.
Flextronics Business Deals refer to the business deals made by Flextronics, a leading provider of Electronics Manufacturing Services. In the most recent period, Flextronics announced an acquisition deal with Avail Medical Products Inc.
Flextronics, which is listed as FLEX in NASDAQ, declared that it was going to acquire Avail Medical Products Inc., a leading provider of Disposable Medical Devices.
Profile of Avail Medical Products Inc.
Four companies, namely, Strucmeyer Corporation, Centrex Precision Plastics, Horizon Medical and Pacific Device, formed Avail Medical Products Inc. These companies formed Avail Medical Products Inc and the company became a leading provider of design and manufacturing solutions for the disposable medical devices.
Avail Medical Products Inc. operates in different locations like Europe, Mexico and China. The headquarters of Avail Medical Products Inc. is situated at Fort Worth of Texas,USA.
Details of the Acquisition Deal
Flextronics announced its' acquisition deal with Avail Medical Products Inc. on 28th February, 2008. It has been informed that this acquisition deal will help the medical segment of Flextronics, in enhancing its' manufacturing capacity. Through this acquisition deal, Flextronics, which is a leading provider of Electronics Manufacturing Services, will be able to establish itself as a major supplier of medical devices.
After this acquisition deal, Flextronics is hoping to experience a significant increase in its' revenue. According to the estimation of the company, the medical segment of Flextronics may touch the revenue level of $950 million in the fiscal year that will end on 31st March 2009. If Flextronics Medical becomes able to generate this estimated revenue level, then the segment will experience a 90% year-over-year growth rate.