Electronics Production | July 04, 2007
Avnet Time acquires Flint Distribution
Avnet Time Acquires UK Specialist Flint Distribution Ltd. Acquisition to Strengthen Avnet Time's Position in the UK and Ireland IP&E Distribution Market.
Avnet Time, a business unit of Avnet Electronics Marketing EMEA and Avnet, Inc., announced today that it has acquired the UK-based Interconnect, Passive and Electromechanical (IP&E) distributor, Flint Distribution Ltd. Flint will be combined with the Avnet Time organisation. The newly formed business will have annual revenues of 31 Million Euros. Carl Barton, Managing Director and Co-Founder of Flint, will lead the new, larger Avnet Time business in the UK and Ireland. Vince Clark, Avnet Time's UK manager, will head up the sales organisation. Avnet Time and Flint customers will have full access to an expanded line card and thus enjoy one of the best IP&E product portfolios in the industry. With 55 employees Flint serves over 1600 customers across a broad range of industry sectors, including EMS, security, instrumentation, automation and industrial controls. According to Flint Managing Director and Co-Founder Carl Barton, "We have a very loyal and high quality team and I am confident that their career opportunities will be enhanced by joining Avnet Time. Too often, our operational excellence and superior customer service get lost in vendor reduction programmes. Therefore, all of the Flint board members believe that the combined strengths of Avnet and Flint provides the best option for customers, suppliers and staff alike. Flint has been my life for over 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". Patrick Zammit, President of Avnet Electronics Marketing EMEA stated: "We have very exciting growth plans for Avnet Time across Europe and the acquisition of Flint is a great example of our commitment to grow IP&E in the region. As part of the acquisition, both customer sets will gain access to industry leading franchises that have not been part of our respective portfolios. We are confident that our suppliers and customers will embrace the opportunities that this new organisation can offer." Klaus Emme, President of Avnet Time, said: "This acquisition is excellent for all parties, not just Flint and Avnet, but also for customers and suppliers. Flint has an unequalled reputation for service excellence and process & operational innovation. Therefore, our intent is to fully merge best people and best practices into Avnet Time's organisation." Emme continued: "Coalville will become the centre of UK and Ireland operations for Avnet Time. Furthermore, Avnet Time's Stevenage location will remain a critical sales branch with refined geographical responsibilities, to continuously expand our service offerings to customers." Carl Barton and the new, bigger Avnet Time will work to make sure that Flint's differentiating strengths in the market place - in particular operational excellence and innovation - will drive the new organisation and that, customers, suppliers and employees will experience a smooth transition with new, exciting opportunities. Vince Clark, who will lead the sales organisation of the new company, commented: "I am extremely excited by the opportunities that this new larger business will offer to our customers. By leaving both the Coalville operation and the Stevenage sales office intact, customers will enjoy the stronger market presence of Avnet Time and Flint combined, as well as the benefit of Flint's unrivalled customer service."
New electric vehicle battery cell facility in Lordstown Construction has started with ground prep activities for the future site of the Ultium battery cell manufacturing facility in Lordstown.
Morrow Batteries to build the first giga battery cell factory in Norway Morrow Batteries says it will build battery cell production in Norway in order to meet increasing market demand and lead the drive for more sustainable batteries.
Groupe PSA and Punch Powertrain team up on electrification Groupe PSA and Punch Powertrain have signed an agreement to establish a second Joint Venture and expand their strategic partnership in the field of electrification, to contribute to fight against climate change.
Aspocomp starts phase two of its plant investment in Oulu Finnish PCB manufacturer company Aspocomp, has been granted a total of EUR 1.35 million in development support by the ELY Center for the implementation of the second phase of its Oulu plant investment.
Global semiconductor sales down 1.2 percent in April 2020 Global semiconductor sales in April 2020 were USD 34.434 billion, up 6.1% versus the same month in 2019, says the European Semiconductor Industry Association (ESIA).
Cobham RAD sold to Radiation Test Solutions Cobham Advanced Electronic Solutions says that it has sold its Cobham RAD radiation testing business in Colorado Springs, to Radiation Test Solutions, Inc. (RTS).
Construction starts at Kyungshin new factory in Serbia The South Korean automotive company has initiated the construction of its new facility in the municipality of Smederevska Palanka in Serbia – once completed 700 new jobs will be created.
Manz is expanding within its contract manufacturing segment The German engineering company says it is registering lively interest in contract manufacturing from a wide range of industries. Manz is thus further expanding its business in the contract manufacturing segment at its locations in Slovakia and China.
Celestica to manufacture ventilators for the Canadian market EMS provider Celestica has won a program to build 7,500 ventilators for StarFish Medical Inc., a Canadian medical device company, at Celestica’s operation in Newmarket, Ontario.
Ouman Estonia starts an expansion project Despite the current uncertain economical environment, Ouman says it believes in a brighter future and that the company is proud of the performance in its factories.
Reshaping production post COVID-19 As manufacturers re-open after COVID-19 related lockdowns, economic and supply chain disruptions may be felt beyond 2020. How companies shift in the short-term and plan for the long-term will be factors in defining “new normal” for the component industry.
Swedish EG Electronics acquires WEAB EG Electronics AB, a KAMIC Group company, has acquired all the shares in WEAB, Wermlands Elektronik AB.
ZF completes its acquisition of WABCO ZF Friedrichshafen AG has successfully completed the acquisition of commercial vehicle technology supplier WABCO, having gained approval from all required regulatory authorities.
Romanian EMS provider expands as it relocates Romanian EMS-Electra has successfully finalised the process of relocating to a new building, in the industrial area of Iasi, Romania.
Circuit Check partners with major healthcare company to build ventilators In early March, when a long-standing customer to the company, a major healthcare company approached Circuit Check to partner together to build over a dozen tests systems to assist in the COVID-19 efforts, Circuit Check responded quickly to the challenge.
TI maintains firm grip as world's top analog IC supplier TI's 2019 analog marketshare grew to 19% and ST climbed to fourth place as the top-10 suppliers collectively accounted for 62% of total analog sales.
Big Ass Fans adds third Hentec/RPS machine Complementing the purchase of two Hentec Industries/RPS Automation Vector 300 selective soldering machines in 2018, Big Ass Fans (BAF), a high-volume, low- speed (HVLS) airflow manufacturer, has just added a third machine to its factory in Newman Lake, Washington.
CE3 Electronics Inc. taps MIRTEC for 3D AOI technology Canada-based CE3 Electronics has purchased a MIRTEC MV-6 OMNI 3D AOI machine.
Gémosz is still looking to grow – but the pandemic brought new perspectives Winston Churchill famously said, “Never let a good crisis go to waste”. While this was said in a vastly different context than the current crisis of the COVID-19 pandemic, there is still truth to the fact that a crisis not only allows for change – but sometimes forces it.
North American PCB industry sales up 4.3% in April The IPC says that total North American PCB shipments in April 2020 were up 4.3% compared to the same month last year. Compared to the preceding month, April shipments fell 18.2%.
Volkswagen intensifies e-mobility activities in China Volkswagen has initiated the next chapter for its business in China. The automotive giant plans to increase its share in JAC Volkswagen, its joint venture for e-mobility.
GPV Selects Aegis as global smart factory partner Driven originally by accelerating customer expectations for traceability, GPV has selected Aegis’ FactoryLogix Smart digital manufacturing solution, targeting multiple values and benefits.
REDCOM EMS expands certification for medical device manufacturing New York-based REDCOM EMS has secured ISO 13485:2016 certification, complementing the company’s existing ISO 9001:2015 and AS9100D certifications.Load more news