The 2020 Mid-Year Economic Update_long

Avnet Acquires Rest of MSC Investoren GmbH

Avnet acquired a majority interest in MSC Group in October.

Avnet Inc. (NYSE: AVT), Phoenix, AZ, has acquired the remaining interest in MSC Investoren GmbH in Europe. MSC is a distributor of electronic components and a provider of embedded computing technology and display solutions. The purchase follows Avnet's acquisition of a majority interest in MSC Group Oct. 1.

Patrick Zammit, president of Avnet Electronics Marketing EMEA, said plans to create an embedded and display solutions business unit in EMEA will allow Avnet to serve the technology value chain more deeply and widely and accelerate profitable growth in the region.

MSC Group is a consultative partner for customers in the automotive, industrial automation, telecom, information systems and medical device markets. In 2012, MSC had sales of more than $450 million, with embedded computer technology (including display solutions) accounting for almost 50 percent.

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.

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 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

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

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

1

article
left

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 mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

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

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.