SAN JOSE -- Flextronics will acquire RIWISA, a Swiss provider of injection molding and automation solutions in a deal expected to take place by the end of October, pending regulatory approvals. Hagglingen, Switzerland-based RIWISA is family owned. Financial details were not disclosed.

RIWISA specializes in medical, consumer packaging and industrial products.

"The addition of RIWISA's precision plastics and automation capabilities to Flextronics Medical is a tremendous complement to the broad range of healthcare solutions we can offer our customers globally and underscores the strategic commitment we have made to expand our services in this market," said Mark Kemp, president of Flextronics Medical.

"In the scope of the succession plans, we carefully reviewed several different scenarios. Primary importance was focused on the future of the Company and its employees, the changing customer requirements and increasing globalization of the market," said Gerold Richner, general manager of RIWISA.

As Flextronics exited the PC ODM business, it has refocused its attention on higher margin opportunities such as medical electronics.