The company has agreed to acquire 75% of the issued ordinary share capital of SSE, a distributor of service parts for IT products
Distribution
Update: Acal will use cash to make acquisitions
“Acquisitions are not out of the questions. We have cash resources and this gives us the opportunity to take advantage in the current economic climate,” Moon told Electronics Weekly
Acal reports first half loss, appoints new CEO
The distributor of electronic components and system products reported a pre-tax loss of £8m on slightly ahead sales of £79.8m
Electronica: TTI flexes its muscles with closer Mouser links
TTI, the specialist passive component and connector distributor, is strengthening its position in the European components market.
Electronica: Farnell sees European market growing
In spite of the concerns over the global economic slowdown business is still growing in Europe, says Andy King, president of Farnell Europe
Electronica: A window on the market, says Arrow
An opportunity for OEMs, distributors and suppliers to ‘take the pulse’ of the industry and to assess the true state of the market
Q5 interview – Mark Larson, Digi-Key
Mark Larson, president of online and catalogue distributor Digi-Key, talks to EW about the growth in online distribution, business conditions in the European market and new product lines.
Component distributors see first signs of slowdown
Component distribution representative body Afdec has reported that figures from its members in September indicated a reluctance by customers to place long-term orders for new components
Arrow sees slowdown in Europe and US, but not China
According to company CEO William Mitchell, a virtual shutdown of the credit markets made the third quarter especially difficult
Q5 interview – Phil Gee, Nu Horizons
Phil Gee, vice president of EMEA sales at component distributor Nu Horizons, talks to Electronics Weekly about the European components market and the economic slowdown, the most promising geographic markets, rising fuel costs and Chinese manufacturing, and lengthening lead times on some products...
Electronics Weekly