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Latest News
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In a move focused at increasing its share of the electromechanical products distribution sector, Avnet has created Avnet Abacus. The new group brings together Avnet Time and the relevant franchises held by Abacus, which was acquired by Avnet earlier this year.
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UK electronic component distributor Abacus Group has agreed to the terms of a cash offer from Avnet, putting its value to approximately £42.2million.
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