Avnet, Inc. AVT announced today that it has entered into a definitive agreement to acquire Amosdec SAS.
This acquisition is expected to be immediately accretive to earnings and achieve Avnet's return on capital goal of 12.5% within two years.
Headquartered in Paris, Amosdec offers technical consultancy and training, pre-sales support and installation services to its 500+ value-added reseller (VAR) partners.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in