Arrow Electronics to Acquire Components Distribution Business of Hynetic Electronics and Shreyanics Electronics in India.
Publication Date: 11-JAN-08
Publication Title: Business Wire
Format: Online
Company: Arrow Electronics Inc.

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Description

MELVILLE, N.Y. -- Arrow Electronics Inc., (NYSE: ARW) today announced an agreement to acquire all of the assets related to the franchise components distribution business of Hynetic Electronics and Shreyanics Electronics in India, effective January 1, 2008. Privately owned, Hynetic Electronics and Shreyanics Electronics ("Hynetic") are leading electronic component distributors in India.

"I am delighted to add the components distribution business of Hynetic to our expanding franchise in the Asia Pac region,...



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