Need Help? (888) 742-5060

In The News:

Arrow Electronics Acquires U.K.-based Distributor

Arrow Electronics, Inc. (NYSE: ARW), Melville, NY, has acquired Sphinx Group Limited, a United Kingdom-based distributor of security and networking solutions.

Sphinx is based in Nottingham and has 100 employees. The company will report through Arrow's Enterprise Computing Solutions' European business.

"This acquisition builds on our strategy to increase security and networking capabilities and expands our presence in Europe," said Andy Bryant, president of Arrow ECS. "Sphinx further strengthens our relationships with leading suppliers through increased market share, the addition of new lines, and a high-performance, technically strong sales team."

Sphinx's total sales in 2009 were approximately $82.5 million. The acquisition is expected to be accretive to earnings in the first full year of operations.

Arrow Electronics is a global provider of products and services to industrial and commercial users of electronic components and enterprise computing solutions.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>

MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center