- 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.
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.
For additional information, please contact:
Alex Trimboli, Senior Director, Marketing
usmedia@husqvarnagroup.com
Jessica Anderson, Director, Corporate Integrated Marketing and Communications
Jessica.Anderson@flex.com
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