Latest In Avnet
Organic growth in the Americas fell, in part due to supplier channel changes.

Top building materials & construction distributors also acquire growth.
The acquisition will further enhances Avnets role in developing new technology products.

Rebranding campaign centered on unified message of "reaching further."
Company's profit increased 120 percent for third quarter.
Phillip Gallagher will rejoin Avnet after a three year absence.

Dearth of blockbuster activity sets tone for mild year in M&A.
Graham McBeth replaces interim President Steven Webb.

Multibillion-dollar divestiture to spark shakeup in electronics sector.

As processes move to the cloud, demand for components changes.
Tech Data has agreed to acquire business unit.
Fourth quarter sales down 8.4 percent year-over-year.
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Sonepar, Crescent Electric acquire growth amid tepid start to 3Q.
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Acquisition to strengthen global digital footprint.
