Advertisement

News Wire

Arrow Electronics Acquires the ALTIMATE Group

ENGLEWOOD, Colo. — Arrow Electronics, Inc. (NYSE:ARW) announced that the company has completed its previously announced acquisition of the ALTIMATE Group (“ALTIMATE”), a subsidiary of DCC plc. ALTIMATE is a European value-added distributor of enterprise and midrange computing products, services, and solutions.

Headquartered in Vélizy-Villacoublay, France, ALTIMATE has approximately 250 employees. The company’s sales for the fiscal year ended March 31, 2012 were approximately $340 million.

Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow serves as a supply channel partner for more than 120,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 390 locations in 53 countries.

{complink 453|Arrow Electronics Inc.}

ALTIMATE Group

0 comments on “Arrow Electronics Acquires the ALTIMATE Group

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.