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Avnet Inc Acquires Majority Interest In MSC Investoren GmbH

Tuesday, 1 Oct 2013 04:37pm EDT 

Avnet Inc announced that it has acquired a majority interest in MSC Investoren GmbH (MSC Group) as the first step of a two part transaction in which Avnet will ultimately acquire the remainder of the Company. MSC is a recognized value-add distributor focused on electronic component distribution, embedded computing technology and display solutions, as well as design and manufacturing. MSC leverages its combination of distribution, production and system integration capability to address the emerging customer demand for more complex electronic products. Terms Of the transaction were not disclosed. 

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0.05 +0.12%
29 Jan 2015