Avnet stays on top with 58.5% revenue growth
Staff -- Purchasing, 5/17/2001 2:00:00 AM
Avnet held onto its leading position in North American sales with $8.4 billion in revenue. The company also expanded its worldwide sales to $11.8 billion, up from $7.0 billion in 1999.
Although Avnet's major acquisitions in 1999 were in North America, which propelled the reseller into the top slot that year, the distributor targeted most of its acquisition strategies in the global marketplace in 2000. However, the global distributor announced its acquisition of Kent Electronics earlier this year, which strengthens Avnet's position in the N. American interconnect, passive and electromechanical (IP&E) marketplace and network integration services.
The distributor made several global acquisitions last year including part of the VEBA Electronics Group in Europe, Cosco/Jung Kwang, a Motorola semiconductor distributor in Korea, and Eurotronics, a leading electronic component distributor in Europe.
Who acquired whom in 2000?
| Distributor | Acquired company | |
| SOURCE: PURCHASING MAGAZINE Consolidation is nothing new in electronics distribution. The big consolidation news last year was the sale of divisions of VEBA to Arrow and Avnet. In 2001, Avnet will acquire Kent Electronics, and more acquisitions by major distributors are inevitable. |
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| 1. Arrow | Part of VEBA (Wyle Components and Wyle Systems) | |
| 2. Avnet | Part of the VEBA Electronics Group in Europe | |
| 3. ESCO LLC | Wofford Electronics | |
| 4. ForeSight | Aston Technologies | |
| 5. Jaco | Interface Electronics | |
| 6. NECX.com | American IC Exchange and Real World | |
| 7 .Richardson | Broadcast Richmond | |
Leaders in active components
| Rank | Company (Top 75 Rank) | Active component sales ($ mil.) | % total sales | 2000 calendar year ($mil.) |
| *Bell Micro's active sales include all components |
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| 1 | Avnet, Inc. (1) | $5,376.0 | 64% | $8,400.0 |
| 2 | Arrow Electronics, Inc. (2) | 5,177.0 | 64% | 8,089.0 |
| 3 | Memec, PLC (5) | 2,030.0 | 100% | 2,030.0 |
| 4 | Pioneer-Standard Electronics, Inc. (4) | 1,001.0 | 35% | 2,860.0 |
| 5 | Nu Horizons Electronics Corp. (9) | 474.5 | 73% | 650.0 |
| 6 | All American Semiconductor (12) | 448.9 | 86% | 522.0 |
| 7 | Reptron Electronics, Inc. (11) | 403.2 | 70% | 576.0 |
| 8 | Bell Microproducts, Inc. (6) | 227.8 | 20% | 1,139.0 |
| 9 | California Eastern Laboratories (18) | 213.0 | 100% | 213.0 |
| 10 | Jaco Electronics, Inc. (16) | 167.8 | 53% | 316.6 |
Leaders in computer product sales
| Rank | Company (Top 75 Rank) | Computer sales ($ mil.) | % total sales | 2000 calendar year ($mil.) |
| 1 | Avnet, Inc. (1) | $1,932.0 | 23% | $8,400.0 |
| 2 | Arrow Electronics, Inc. (2) | 1,617.8 | 20% | 8,089.0 |
| 3 | Pioneer-Standard Electronics, Inc. (4) | 1,430.0 | 50% | 2,860.0 |
| 4 | Bell Microproducts, Inc. (6) | 911.2 | 80% | 1,139.0 |
| 5 | Kent Electronics Corp. (7) | 214.5 | 19% | 1,128.8 |
| 6 | Richardson Electronics, Ltd. (17) | 46.1 | 15% | 307.5 |
| 7 | The Genie Group (40) | 8.7 | 18% | 48.5 |
| 8 | Electro Sonic Inc. (23) | 5.1 | 5% | 102.0 |
| 9 | Cumberland Electronics Inc. (66) | 2.2 | 15% | 14.4 |
| 10 | Cameron & Barkley Company (29) | 1.5 | 2% | 76.0 |
Top distributors by sales per employee
| Rank | Company (Top 75 Rank) | Sales ($) per employee | 2000 calendar year ($mil.) | Total employees |
| 1 | The Genie Group (40) | $3,464,285.7 | $48.5 | 14 |
| 2 | Memec, PLC (5) | 1,845,454.5 | 2,030.0 | 1,100 |
| 3 | Dependable Component Supply (22) | 1,296,296.3 | 105.0 | 81 |
| 4 | Projections Unlimited Inc. (24) | 1,218,750.0 | 97.5 | 80 |
| 5 | Bell Microproducts, Inc. (6) | 1,139,000.0 | 1,139.0 | 1,000 |
| 6 | Pioneer-Standard Electronics, Inc. (4) | 1,122,008.6 | 2,860.0 | 2,549 |
| 7 | California Eastern Laboratories (18) | 1,070,351.8 | 213.0 | 199 |
| 8 | Avnet, Inc. (1) | 1,050,000.0 | 8,400.0 | 8,000 |
| 9 | ForeSight Electronics Inc. (21) | 1,038,095.2 | 109.0 | 105 |
| 10 | Arrow Electronics, Inc. (2) | 896,233.7 | 8,089.0 | 8,965 |
Leaders in passive/EM sales
| Rank | Company (Top 75 Rank) | Passive/ EM sales ($ mil.) | % total sales | 2000 calendar year ($mil.) |
| *Arrow's and Pioneer-Standard's sales include interconnects |
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| 1 | Arrow Electronics, Inc. (2) | $1,294.2 | 16% | $8,089.0 |
| 2 | TTI, Inc. (8) | 801.6 | 80% | 1,002.0 |
| 3 | Avnet, Inc. (1) | 504.0 | 6% | 8,400.0 |
| 4 | Pioneer-Standard Electronics, Inc. (4) | 429.0 | 15% | 2,860.0 |
| 5 | Kent Electronics Corp. (7) | 248.3 | 22% | 1,128.8 |
| 6 | Sager Electronics (13) | 223.8 | 60% | 373.0 |
| 7 | Digi-Key Corp. (14) | 201.1 | 55% | 365.7 |
| 8 | Reptron Electronics, Inc. (11) | 172.8 | 30% | 576.0 |
| 9 | Richardson Electronics, Ltd. (17) | 163.0 | 53% | 307.5 |
| 10 | Nu Horizons Electronics Corp. (9) | 143.0 | 22% | 650.0 |
Leaders in interconnect sales
| Rank | Company (Top 75 Rank) | Interconnect sales ($ mil.) | % total sales | 2000 calendar year ($mil.) |
| 1 | Avnet, Inc. (1) | $588.0 | 7% | $8,400.0 |
| 2 | The DAC Group (15) | 279.1 | 82% | 340.4 |
| 3 | Kent Electronics Corp. (7) | 214.5 | 19% | 1,128.8 |
| 4 | TTI, Inc. (8) | 200.4 | 20% | 1,002.0 |
| 5 | Sager Electronics (13) | 100.7 | 27% | 373.0 |
| 6 | Powell Electronics, Inc. (28) | 63.0 | 79% | 79.8 |
| 7 | A.E. Petsche Co. Inc. (33) | 63.0 | 98% | 64.3 |
| 8 | Digi-Key Corp. (14) | 58.5 | 16% | 365.7 |
| 9 | PEI-Genesis (35) | 57.1 | 95% | 60.1 |
| 10 | Hammond Electronics, Inc. (31) | 34.5 | 53% | 65.0 |
Top distributors by sales growth
| Rank | Company (Top 75 Rank) | % change from 1998 | 2000 calendar year ($ mil.) | total employees | |
| 1 | Projections Unlimited Inc. (24) | 177.8% | $97.5 | 80 | |
| 2 | Jaco Electronics, Inc. (16) | 98.4% | 316.6 | 490 | |
| 3 | ForeSight Electronics Inc. (21) | 94.6% | 109.0 | 105 | |
| 4 | TTI, Inc. (8) | 90.9% | 1,002.0 | 1,140 | |
| 5 | Nu Horizons Electronics Corp. (9) | 85.7% | 650.0 | 750 | |
| 6 | Surface Mount Distribution,Inc. (51) | 84.9% | 28.1 | 58 | |
| 7 | California Eastern Laboratories (18) | 78.1% | 213.0 | 199 | |
| 8 | The DAC Group (15) | 60.9% | 340.4 | 840 | |
| 9 | Reptron Electronics, Inc. (11) | 60.4% | 576.0 | 2,600 | |
| 10 | Avnet, Inc. (1) | 58.5% | 8,400.0 | 8,000 |
VEBA Electronics sold off
08/23/2000Distributors grow at spectacular rate
05/17/2001
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