- Husqvarna to enhance supply chain flexibility and efficiency
and speed time to market
- Flex expands portfolio into outdoor and power
equipment
- Partnership strengthens Husqvarna and Flex's competitiveness
in the U.S.
CHARLOTTE, N.C. and AUSTIN, Texas, Feb. 4, 2025
/PRNewswire/ -- Today, Husqvarna (NASDAQ: HSQVY) and Flex (NASDAQ:
FLEX) announced a strategic manufacturing partnership, which will
enable Husqvarna to further enhance flexibility, efficiency, and
time to market through Flex's strategic supply chain management
solutions and expand Flex's Lifestyle portfolio into outdoor and
power equipment.
As part of the agreement, Flex will provide supply chain and
manufacturing services to Husqvarna for the North American market.
This collaboration will better support Husqvarna's customer needs
and position the company for long-term growth while leveraging
Flex's supply chain, vertically-integrated manufacturing including
metal fabrication, distribution and aftermarket expertise and
services in the U.S.
Andreas Rangert, President of Husqvarna Forest & Garden
North America shares, "This is an exciting step into Husqvarna's
future. The joint agreement with Flex allows us to streamline
business operations in North
America and focus on our continued commitment to provide our
customers with innovative, leading product solutions."
"This partnership with Husqvarna brings together a shared
commitment to building high-quality products and marks a
significant expansion for Flex's Lifestyle offerings," said
Dennis Kirkpatrick, President,
Lifestyle, Consumer Devices, and Core Industrial Businesses, Flex.
"Aligned with our EMS + Products + Services strategy, we look
forward to providing lifecycle services to Husqvarna and
strengthening both organizations' competitiveness in the U.S."
Since 1689, Husqvarna has pioneered innovative technologies and
lawncare solutions, becoming one of the world's leading outdoor
power equipment brands. Husqvarna will continue to lead product
innovation and design as Flex brings deep supply chain and
manufacturing expertise and capabilities, drawing on 50+ years of
experience partnering with market-leading brands.
About Husqvarna
Husqvarna, a brand within Husqvarna Group, is a market leader in
innovative and high-quality products and services for shaping green
spaces in parks, forests and gardens. Since 1689, Swedish-born
Husqvarna has a strong focus on research and development and is a
pioneer in robotic lawn mowers and chainsaws. Today, the product
portfolio consists of the next generation of robotic mowers,
riders, chainsaws and trimmers for professional as well as private
use. Sustainable value creation, product innovation and
digitalization remain important for the journey ahead. Husqvarna
products are sold in more than 100 countries. Husqvarna Group,
which also includes Gardena and Husqvarna Construction, has 13 800
employees around the world and net sales in 2023 amounted to
SEK 53,3 billion.
About Flex Ltd.
Flex (Reg. No. 199002645H) is the
manufacturing partner of choice that helps a diverse customer base
design and build products that improve the world. Through the
collective strength of a global workforce across 30 countries and
responsible, sustainable operations, Flex delivers technology
innovation, supply chain, and manufacturing solutions to diverse
industries and end markets.
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SOURCE Husqvarna
