Flashpoint Marshalled by Avnet troops

US distie gains AMD foothold thanks to deal

UK distributor Flashpoint will be swallowed up in the Avnet acquisition of Marshall Industries. This will give components distributor Avnet an AMD franchise in the UK. Marshall owns part of Sonepar Electronique (SEI), which owns part of SEI Diploma. Flashpoint is part the Diploma group of companies. Slough-based Flashpoint was unable to give details of the deal as due diligence proceedings were in full swing. The deal, said to be worth around $830 million, is due to be completed within the next couple of weeks. ®

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