M&A Deal Summary

Avnet Acquires Sunshine Joint Stock Co.

On November 30, 2009, Avnet acquired information technology company Sunshine Joint Stock Co.

Acquisition Highlights
  • This is Avnet’s 7th transaction in the Information Technology sector.
  • This is Avnet’s 1st transaction in Vietnam.

M&A Deal Summary

Date 2009-11-30
Target Sunshine Joint Stock Co.
Sector Information Technology
Buyer(s) Avnet
Deal Type Add-on Acquisition

Target

Sunshine Joint Stock Co.

Ho Chi Minh City, Vietnam
Sunshine is an IT distributor providing server, storage and software products to system integrators and resellers throughout Vietnam.

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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 39 of 78
Sector: Information Technology M&A 7 of 17
Type: Add-on Acquisition M&A Deals 31 of 68
Country: Vietnam M&A 1 of 1
Year: 2009 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-14 Vanda Group

Kowloon City,, China

Vanda Group operates as an information technology (IT) solutions provider in Mainland China, Hong Kong, and Macau.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-05 Pt Mitra Bisinfo Utama

Jakarta, Indonesia

Pt Mitra Bisinfo Utama is an information technology distributor.

Buy -