Arrow Electronics, Inc. signed a definitive agreement to acquire ComputerLinks AG from Equistone Partners Europe Fund III managed by Equistone Partners Europe and management of ComputerLinks for approximately $290 million.
August 27, 2013 at 12:00 am
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Arrow Electronics, Inc. (NYSE:ARW) signed a definitive agreement to acquire ComputerLinks AG from Equistone Partners Europe Fund III managed by Equistone Partners Europe and management of ComputerLinks for approximately $290 million in cash on August 27, 2013. In 2012, ComputerLinks AG reported revenues of $1200 million. The acquisition is subject to regulatory relevant anti-trust authorities approvals. As of October 2, 2013, the transaction was approved by the EU Commission. The transaction is expected to close in the fourth quarter of 2013. The transaction is expected to be $.20 to $.24 accretive to earnings per share, excluding the impact of the amortization of related intangible assets, in the first year post closing.
Excel Partners acted as financial advisor and Benedikt von Schorlemer, Jan Krekeler, Jan Kupfer, Kim Laura Frank, Heiko Penndorf and Andreas Mauroschat of Ashurst LLP acted as legal advisors to the sellers. Jan Ollila, Sakari Halonen, Pia Vepsäläinen, Tuomas Rytkönen, Loviisa Härö and Samuel Kääriäinen of Dittmar & Indrenius acted as legal advisors to Arrow Electronics. PricewaterhouseCoopers LLP acted as the accountant to Arrow Electronics, Inc. Rabindra Jhunjhunwala and Abhishek Sharma of Khaitan & Co acted as legal advisor for Arrow Electronics.
Stefan Kroeker, Hildegard Günzel, Oliver Treptow, Cornelius Weitbrecht, Sascha Grosjean, Michael Pils, Bert Kimpel, Simon Weppner, Steffen Kranz, Claus Goedecke, Andreas Haak, Michael Brüggemann, Athina Thamm, Dirk Lorenz, Timo Fahrion, Nicolai Wiegand, Sibylle Gierschmann, Martin Rothermel, Michael Kieffer, Ortrun Günzel, Adrian Birnbach, Willliam Belcher, Paul Callaghan, Chris Cooper, Alfred Fink, Peter Charles Schäfer, Markus Asshof, Bart De Moor, Virginie Van Steenkiste, Raimund Cancola, Philipp Hoflehner, Norbert Wiegele, Torsten Braner, Dániel Kázmér, Markéta Deimelova, Ewelina Stobiecka, Przemyslaw Walasek, Ben Constance, Michael Kraemer, Marize Coetzer, Chong Huat Tan and Dennis Tan of Taylor Wessing acted as legal advisor to Arrow Electronics.
Arrow Electronics, Inc. is a provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Its segments include the global components business and the global enterprise computing solutions (ECS) business. The global components business segment distributes electronic components to original equipment manufacturers and contract manufacturers. The ECS business segment provides enterprise computing solutions to value-added resellers and managed service providers. The Global ECS portfolio of computing solutions includes cloud and security. Global ECS provides cloud solutions to businesses through ArrowSphere, a cloud marketplace and management platform. It maintains over 180 sales facilities and 39 distribution and value-added centers, serving over 85 countries. Both its segments have operations in each of the three electronics markets; the Americas; Europe, Middle East, and Africa, and Asia-Pacific regions.
Arrow Electronics, Inc. signed a definitive agreement to acquire ComputerLinks AG from Equistone Partners Europe Fund III managed by Equistone Partners Europe and management of ComputerLinks for approximately $290 million.
ARROW ELECTRONICS, INC. 
