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Arrow Electronics Completes Acquisition of the ALTIMATE Group

ENGLEWOOD, Colo.--Arrow Electronics, Inc. (NYSE:ARW) announced that the company has completed its previously announced acquisition of the ALTIMATE Group (“ALTIMATE”), a subsidiary of DCC plc. ALTIMATE is a European value-added distributor of enterprise and midrange computing products, services, and solutions.

Headquartered in Vélizy-Villacoublay, France, ALTIMATE has approximately 250 employees. The company's sales for the fiscal year ended March 31, 2012 were approximately $340 million.

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 120,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 390 locations in 53 countries.

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