The 2020 Mid-Year Economic Update_long

Arrow Electronics Initiates Offer to Acquire Data Modul

Purchase would expand company's visual solutions capabilities and geographic footprint.

Arrow Electronics Inc. (NYSE: ARW), Englewood, CO, through its wholly owned subsidiary in Munich, Germany, Arrow CEHM, is initiating an all-cash tender offer to acquire Data Modul AG for €94 million (US$106.2 million).

“This acquisition expands and strengthens our visual solutions capabilities and will broaden both our offerings and our geographic reach in this important market," said Michael J. Long, president and CEO of Arrow. "We are excited to welcome the Data Modul team to Arrow."

Data Modul, which has operations in Europe, Middle East, Asia and North America, estimates its 2014 sales to be €160 million (US$180.7 million).

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.


articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.