Arrow Electronics, Inc. (NYSE: ARW), Englewood, CO, has agreed to acquire the ALTIMATE Group, a subsidiary of DCC plc, Dublin, Ireland. ALTIMATE is a European value-added distributor of enterprise and midrange computing products, services, and solutions.
We Deliver Distribution News to Your Inbox Sign up below to receive MDM Update, your free weekly distribution news update by email. |
ALTIMATE operates in eight countries across Europe including France, Benelux, Iberia, and the United Kingdom and has a network of approximately 2,500 value-added resellers and system integrators.
\”We are excited about the opportunities ALTIMATE brings to Arrow. This acquisition complements our existing portfolio of value-added services and enterprise solution offerings while further strengthening our relationships with critical suppliers throughout the EMEA region,\” said Andrew S. Bryant, president, Arrow global enterprise computing solutions.
Headquartered in Vlizy-Villacoublay, France, ALTIMATE reported sales for the fiscal year ended March 31, 2011 of $298 million.