Arrow Electronics Completes Acquisition of immixGroup
CENTENNIAL, Colo.–(BUSINESS WIRE)–Mar. 31, 2015– Arrow Electronics, Inc. (NYSE:ARW) announced today the successful completion of the acquisition of immixGroup, Inc., a value-added distributor supporting over 800 value-added resellers, solution providers, service providers, and other public sector channel partners with specialized resources to accelerate their government sales. immixGroup, Inc. is headquartered in McLean, Va.
This acquisition is expected to be $.10 to $.14 accretive to earnings per share, excluding the impact of the amortization of related intangible assets, in the first year post closing.
Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow serves as a supply channel partner for more than 100,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 460 locations in 56 countries.