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Avnet, Inc. Announces Acquisition of Passive Specialist Altron GmbH & Co. KG

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Avnet, Inc. Announces Acquisition of Passive Specialist Altron GmbH & Co. KG Powered By Docstoc
					
				
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posted:7/3/2012
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Description: PHOENIX--(BUSINESS WIRE)--Avnet, Inc., (NYSE:AVT), announced today that it has acquired Altron GmbH & Co. KG (Altron). Altron, which is headquartered in Lehrte Germany, is a leading interconnect, passive and electromechanical components (IP&E) distributor in Germany, representing over 40 suppliers. Altron generated revenue of approximately US$30 million in calendar 2011. Patrick Zammit, President of Avnet Electronics Marketing EMEA, said: “The acquisition of Altron is another example of a style='font-size: 1
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