Flint Distribution Sold To Avnet Inc
Location
Sector
Deal Type
Value
Electronic component distributor Avnet Time, a business unit of Avnet Electronics Marketing EMEA and Avnet Inc., announced that it has acquired U.K. based interconnect, passive and electromechanical (IP&E) distributor Flint Distribution Ltd.
Carl Barton, managing director and co-founder of Flint, will lead the new, larger Avnet Time business in the U.K. and Ireland. Vince Clark, Avnet Time’s U.K. manager, will head up the sales organization. Avnet Time and Flint customers will have full access to an expanded line card, the companies said.
Bishopsgate Advisors
Ed Wesson
Patrick Zammit – President, Avnet
We have very exciting growth plans for Avnet Time across Europe and the acquisition of Flint is a great example of our commitment to grow IP&E in the region.
As part of the acquisition, both customer sets will gain access to industry leading franchises that have not been part of our respective portfolios.
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