Avnet to Acquire Magirus Enterprise Infrastructure Division.

Business WireJuly 18, 2007

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Avnet to Acquire Magirus Enterprise Infrastructure Division.

Becomes Europe's Leading Value-Added Distributor for Enterprise Solutions

PHOENIX -- Avnet, Inc. (NYSE: AVT) announced today that it has entered into a definitive agreement to acquire the European Enterprise Infrastructure Division of value-added distributor Magirus Group. With annual revenues of approximately $500 million, the acquired business will be integrated into...

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