This Slide: #63 of 100 |
Slide #63. Avnet, Inc. — Remaining Interest in MSC Investoren GmbH
Acquirer:
Avnet, Inc. (NASDAQ:AVT)
Acquiree:
Remaining Interest in MSC Investoren GmbH
Details:
Avnet, Inc. (NYSE:AVT) announced today that it has acquired the remaining interest in MSC Investoren GmbH ("MSC Group"). This completes a two part transaction in which the majority interest was acquired on October 1, 2013. MSC is a recognized value-add distributor focused on electronic component distribution, embedded computing technology, and display solutions as well as design and manufacturing.
Avnet is an electronic component technology distributor and solutions provider. Co.'s reportable segments are: Electronic Components (EC) and Farnell. EC segment markets, sells, and distributes electronic components from electronic component manufacturers, including semiconductors, interconnect, passive and electromechanical components, and other integrated and embedded components. Farnell segment distributes a portfolio of kits, tools, electronic components, industrial automation components, and test and measurement products to both engineers and entrepreneurs, primarily through an e-commerce channel.
AVT SEC Filing Email Alerts Service
Open the AVT Page at The Online Investor »
|
Open the AVT Page at The Online Investor (in a new window) »
Free AVT Email Alerts: Get SEC Filing Alerts Get Dividend Alerts |
Hold (1.67 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: AVT Stock Forecast Based on Zacks ABR data; powered by Xignite |