Avnet Time acquires Flint
Avnet Time has acquired Flint Distribution, the Leicestershire based interconnect, passive and electromechanical (IP&E) product distribution specialist. Flint will be integrated into the Avnet Time organisation and the newly formed business will have annual revenues of €31million.
Flint managing director Carl Barton – who will lead the new business in the UK – said: “The Flint board members believe the combined strengths of Avnet and Flint provides the best option for customers, suppliers and staff alike. Flint has been my life for more than 20 years and my overriding objective was to ensure that ‘my baby’ went to the best possible home. I am delighted to see Flint at the core of Avnet Time’s exciting plans for the UK & Ireland and that I can be a vital part of this new strategy”.
Klaus Emme, Avnet Time’s president, observed: “Flint has an unequalled reputation for service excellence and process and operational innovation. Therefore, our intent is to fully merge best people and best practices into Avnet Time’s organisation.”
