Avnet Inc. (NYSE: AVT) has acquired the remaining interest in MSC Investoren GmbH.
MSC, headquartered in Frankenthal, Germany, distributes electronic components and computing technology to customers in the automotive, industrial automation, telecommunications, information systems and medical device markets. Phoenix-based Avnet had previously acquired the majority interest in MSC in October.
The buyer also distributes electronic parts, computer products and technology. In December, Avnet agreed to buy Universal Semiconductor Inc.’s operating assets, including semiconductor and electromechanical components for the defense and aerospace markets.