UK distributor Flashpoint will be swallowed up in components distributor Avnet’s $830 million acquisition of Marshall Industries, providing Avnet with an AMD franchise in the UK.
Marshall owns part of Sonepar Electronique (SEI), which owns part of SEI Diploma, and Flashpoint is part the Diploma group of companies.
Slough based Flashpoint was unable to provide details of the deal as due diligence proceedings were in full swing, but it is due to be completed within the next couple of weeks.
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