M&A Deal Summary

Avnet Acquires AVNET-GALLIUM Co.

On November 9, 1999, Avnet acquired distribution company AVNET-GALLIUM Co.

Acquisition Highlights
  • This is Avnet’s 8th transaction in the Distribution sector.
  • This is Avnet’s 1st transaction in Israel.

M&A Deal Summary

Date 1999-11-09
Target AVNET-GALLIUM Co.
Sector Distribution
Buyer(s) Avnet
Deal Type Joint Venture

Target

AVNET-GALLIUM Co.

Israel
AVNET-GALLIUM Co., Ltd. is a distributor of specialty electronics components in Israel, consisting of fiber optic, telecom, and microwave products.

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Buyer(S) 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 STATS #
Overall 13 of 78
Sector: Distribution M&A 8 of 32
Type: Joint Venture M&A Deals 1 of 1
Country: Israel M&A 1 of 2
Year: 1999 M&A 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-10-20 PCD Italia S.r.l.

Milan, Italy

PCD Italia S.r.l. is a technical distributors of enterprise computing systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-11-20 Marshall Industries

El Monte, California, United States

Marshall Industries is a manufacturer of computer and peripheral products.

Buy -