Less than three months after deal was first announced, Avnet completes acquisition of Acal division
CRN, 18 Dec 2007
Acquisitive distributor Avnet has completed its acquisition of the IT Solutions Division of Acal.
The deal, initially announced in September (CRN Online 27 September), will see the division integrated into Avnet Technology Solutions' EMEA business. Acal's IT Solutions Division has operations in the UK, Netherlands, Belgium, Germany, France and Sweden.
Dick Borsboom, president of Avnet Technology Solutions EMEA, said: "This acquisition extends our depth of expertise in the IT solutions and services arena by adding new competencies in high growth areas and expanding our ability to deliver multi-vendor solutions.
"The addition of 200 skilled employees and over 2000 channel resellers and system integrators from ACAL IT broadens our solutions-selling portfolio and creates additional opportunities for cross selling."
“We are executing well on our goal to be the premier, value-add distributor in Europe”, added Borsboom “The acquisition of Acal IT is another clear affirmation of our vision to be the leader in delivering solutions that can accelerate the growth of our trading partners.”
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