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Optoelectronics/Displays??

Jaco Electronics to acquire Reptron Electronics assets

Posted: 22 May 2003 ?? ?Print Version ?Bookmark and Share

Keywords:Jaco Electronics? Reptron Electronics? flat panel displays? passive products? semiconductor?

Jaco Electronics Inc. has entered into a definitive agreement to acquire certain assets of the electronics distribution operations of Reptron Distribution, a division of Reptron Electronics Inc.

Under the terms of the agreement, Jaco will acquire the inventory, customer lists, and certain other assets of the electronics distribution operations of Reptron Distribution. Reptron Distribution is an authorized vendor of about 30 semiconductor lines, flat panel displays (FPD), passive products and electromechanical components and offers a variety of custom logistics and supply chain management services.

Commenting on the transaction, Joel Girsky, Jaco's chairman and CEO, said, "The electronics distribution operations of Reptron Distribution are an excellent, complementary addition to Jaco's existing core distribution operations and represent an excellent strategic transaction for us. This acquisition significantly strengthens our position in our core electronics distribution segment by adding sales volume, an exciting line card of new products not yet carried by Jaco and Reptron's nearly 2,000 customers."





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