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Press Releases from Avnet, Inc. (5 total)

Avnet Enters IT Distribution Business in Turkey through Joint Venture

Establishes Platform to Grow Value-Added Services PHOENIX, Dec. 22, 2008 -- Avnet, Inc. (NYSE:AVT) announced today that it has entered into a joint venture agreement with Sanko Holding Group in Turkey. Under the terms of the agreement, Avnet will acquire a 50.01 percent interest of the joint venture, which will include the operations of Akora Technology and Industry Corporation (Akora), a Sanko affiliate company, making the joint venture

Avnet Expanding Central European Logistics and Integration Center in Tongeren

Brussels - 28 April, 2008 - Avnet, Inc. (NYSE:AVT), a global technology distribution and services company, has broken ground on a 10.000 m2 expansion of its Tongeren, Belgium, central distribution center, which houses both a pan-European distribution and logistics operation and an integration center, primarily serving Avnet Technology Solutions EMEA customers. The total area will be 34.000 m2, doubling the size of its current integration services area. The facility

direct/ Avnet, Inc. Completes Acquisition of IT Solutions Division of Acal plc

Acquisition expands increases the value offered to Avnet´s partners with the addition of new solutions and services capabilities Phoenix, Arizona, December 17, 2007 -- Avnet Inc. (NYSE: AVT) today announced that it has completed its acquisition of the IT Solutions Division of Acal plc. The acquired business, which has annual revenues of approximately $200 million, is a leading European value-added distributor for Storage Networking (SAN), Networking, Security, Electronic Document Management, as

direct/ Avnet, Inc. Completes Acquisition of Magirus Enterprise Infrastructure D …

Avnet Now Europe´s Leading Value-Added Distributor for Enterprise Solutions Phoenix, Ariz. - October 8, 2007 - Avnet, Inc. (NYSE:AVT) today announced that it has completed its acquisition of the Enterprise Infrastructure Division of Magirus Group. The acquired business, which has annual revenues of approximately $500 million, is a value-added distributor of IBM and Hewlett-Packard enterprise computing products in seven European countries and Dubai. The acquisition is expected to meet or

direct/ Avnet, Inc.: Avnet, Inc. to Acquire IT Solutions Division of Acal plc

Acquisition of Storage Area Networking Specialist Broadens Portfolio Of Storage Solutions in Europe and Adds Complementary Products From Leading Suppliers Phoenix, Arizona, September 27, 2007 -- Avnet, Inc. (NYSE:AVT) announced that it has reached a definitive agreement with Acal plc for Avnet to acquire the IT Solutions division of Acal plc. Acal IT Solutions is a leading value-added distributor for Storage Area Networking (SAN), Secure Networking and Electronic Document Management