M&A Deal Summary

Avnet Acquires Access Distribution

On December 20, 2006, Avnet acquired distribution company Access Distribution from General Electric for 413M USD

Acquisition Highlights
  • This is Avnet’s 15th transaction in the Distribution sector.
  • This is Avnet’s 4th largest (disclosed) transaction.
  • This is Avnet’s 6th transaction in the United States.
  • This is Avnet’s 1st transaction in Colorado.

M&A Deal Summary
Date 2006-12-20
Target Access Distribution
Sector Distribution
Buyer(s) Avnet
Sellers(s) General Electric
Deal Type Divestiture
Deal Value 413M USD

Target

Access Distribution

Westminster, Colorado, United States
Access Distribution is a premier value-added technical distributor of complex computer products, solutions and services,its breadth and depth of service and expertise offers its partners industry-leading support as they take complex computer solutions to market.

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Buyer(S) 1

Buyer

Avnet

Phoenix, Arizona, United States
Category Company
Founded 1921
Sector Distribution
Employees15,800
Revenue 26.5B USD (2023)
DESCRIPTION
Avnet's corporate headquarters in Phoenix, Arizona.
Avnet's corporate headquarters in Phoenix, Arizona.

Avnet is a distributor of electronic components, computer products, and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. Avnet was founded in 1921 and is based in Phoenix, Arizona.

DEAL STATS #
Overall 25 of 78
Sector (Distribution) 15 of 32
Type (Divestiture) 4 of 7
State (Colorado) 1 of 1
Country (United States) 6 of 26
Year (2006) 2 of 2
Size (of disclosed) 4 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-10 ESCO Italiana

Monza, Italy

ESCO Italiana SpA is a semiconductor and embedded systems specialist distributor, operating from 5 offices across Italy and 1 sales office each in Greece and Turkey. ESCO Italiana is active in the Demand Creation and design-in activities of high-end and complex semiconductors and subsystems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-16 Azure Technologies Pte

Singapore, Singapore

Azure Technologies Pte Ltd. is a provider of IT equipments and services.

Buy -

Seller(S) 1

SELLER

General Electric

Boston, Massachusetts, United States
Category Company
Founded 1892
Sector Diversified
Employees205,000
Revenue 67.6B USD (2023)
DESCRIPTION

General Electric is a diversified technology and financial services corporation. Products and services range from aircraft engines, power generation, water processing, and household appliances to medical imaging, business and consumer financing and industrial products. General Electric was founded in 1892 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 11 of 45
Sector (Distribution) 2 of 3
Type (Divestiture) 10 of 38
State (Colorado) 1 of 1
Country (United States) 9 of 35
Year (2006) 2 of 2
Size (of disclosed) 16 of 22
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-08 Gexpro

Coppell, Texas, United States

Gexpro is a distributor of electrical parts and components for construction, industrial, and energy solutions markets. Gexpro Services supply a wide range of electrical supplies and productivity solutions for electricians, contractors, and industrial plants. Gexpro carries everything from lighting components, motors, circuit breakers, and tools to electrical wiring, conduit, automation solutions, and solar panels. Gexpro is based in Coppell, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 GE Energy Rentals

Chamblee, Georgia, United States

GE Energy Rentals, with the exception of those relating to large gas turbines, Aggreko increases its global capacity to more than 4,700 megawatts of rental power, including 12,000 generator sets and 2,000 water-cooled and air-cooled chillers for temperature control solutions.

Sell $212M
Mergr

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