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Electronics Production | August 24, 2006

Azzurri to acquire GD Technik

Azzurri Technology has signed a letter of intent to acquire the semiconductor distributor GD Technik.
Berkshire-based Azzurri now seems to continue its exspansion across Europe by acquiring Winnersh-based GD Technik together with the earlier made investments in Germany and France.

“We have been looking to strengthen our position in the UK market for sometime, finding the right company has not been easy, GD Technik is a very well respected design in distributor and has a similar market strategy to ours,” said Mike Carlucci, president and CEO of Azzurri.

“I believe that a merger with Azzurri will be very positive for our employees, customers and suppliers. The union of our organisations will make us much stronger in the UK market,” said Lisalynn Carter, the MD and owner of GD Technik.
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