Add-on Acquisition • Distribution

Avnet Acquires Altron & Co. KG

On July 3, 2012, Avnet acquired distribution company Altron & Co. KG

Acquisition Context
  • This is Avnet’s 24th transaction in the Distribution sector.
  • This is Avnet’s 4th transaction in Germany.

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M&A Deal Summary

Date July 3, 2012
Target Altron & Co. KG
Sector Distribution
Buyer(s) Avnet
Deal Type Add-on Acquisition

Target Company

Altron & Co. KG

Lehrte,, Germany
Altron GmbH & Co. KG is a specialist distributor of IP&E products from suppliers including Vishay, Kemet, Wima, Yageo and FCI. it serves over 2,500 customers across a broad range of industry sectors.
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Buyer Overview 1

Buyer

Avnet

Phoenix, Arizona, United States

Category Company
Founded 1921
Sector Distribution
Employees15,462
Revenue 23.8B USD (2024)
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 Context for Buyer #
Overall 58 of 78
Sector: Distribution 24 of 32
Type: Add-on Acquisition 50 of 68
Country: Germany 4 of 7
Year: 2012 7 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-02 Magirus AG

Stuttgart, Germany

Magirus AG is a distributor of data center solutions and services. Magirus is a value-add distributor of software, systems and related services encompassing virtualization, storage management, cloud computing, security, intelligent networks, open source and information life-cycle management services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-12 Mattelli

Macclesfield, United Kingdom

Mattelli Ltd. is a specialist in IT estate management. The UNITY platform developed by Mattelli enables organisations to effectively manage their IT hardware and software assets and solve common challenges such as software compliance, contract management, renewals management, cost allocation and tracking, budget forecasting and tracking, and tendering.

Buy -