St. Pete manufacturing giant sells mobility division for $2.2 billion

  • By Jim Stinson
  • | 3:30 p.m. September 27, 2023
Kenny Wilson, Jabil CEO, just oversaw a $2.2 billion sale of a consumer electronics division to BYD Electronic.
Kenny Wilson, Jabil CEO, just oversaw a $2.2 billion sale of a consumer electronics division to BYD Electronic.
  • Tampa Bay-Lakeland
  • Share

Jabil says it signed an agreement sell its mobility business to BYD Electronic Ltd. Co. in a cash transaction for $2.2 billion.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • March 31, 2026
Sarasota cybersecurity firm raises $250M in funding
  • March 31, 2026
From restaurant CEOs to a golf course owner: March on 'From the Corner Office'
  • March 30, 2026
2026 top 50 contractors zoom past $10B in annual revenue
  • March 30, 2026
Minnesota developer buys Fort Myers mixed-use project site for $20.45M

Sponsored Content