Watt and Toal take top European roles in post merger Avnet

Avnet Technology Solutions has handed the top jobs in Europe and the UK to Bell Microproducts senior staffers Graeme Watt and John Toal after completing the acquisition. Thedeal,valued at$631m including $252m in equity and assuming a net debt position of $379m, cementsAvnet'sstatus as the largest e

Avnet Technology Solutions has handed the top jobs in Europe and the UK to Bell Microproducts senior staffers Graeme Watt and John Toal after completing the acquisition.

The deal, valued at $631m including $252m in equity and assuming a net debt position of $379m, cements Avnet's status as the largest enterprise distributor on the planet with combined sales approaching $20bn (£13.2bn).

Dick Borsboom, EMEA president of Avnet Technology Solutions, confirmed he will help with the integration and take on some special projects including expansion into East Africa but intends to make way for Watt in January.

"I will look for a new challenge, probably in distribution, it is a question of what opportunities arise but I have broad experience in the US and Europe, I speak multiple languages and leave Avnet very intact," he told MicroScope.

 

Other key changes will see Bell European president Toal become UK boss to replace acting Avnet TS UK head Sukh Rayat, who in turn will now lead the computing components business in EMEA, Borsboom confirmed.

The integration of the firms which have 55 offices between them globally is expected to be completed within 12 months, an ambitious target given the size of the operations.

"Bell Micro is the largest acquisition in Avnet's history on a revenue basis and substantially improves our global scale and scope competitiveness," said Avnet boss Roy Vallee.

Bell Micro's EMEA, Latin and North American enterprise distribution units will be folded into Avnet Technology Solutions while the embedded components outfit will become part of Avnet Electronics Marketing.

However, a buyer will be sought for Pro-sys, Bell's single tier reseller business in the US which had sales of $450m in calendar year 2009.

The expansion of the line card will mean Avnet UK finally gets hold of HP's enterprise portfolio and Microsoft's volume and VAD business, while Bell will get its hands on former partner EMC, as well as Juniper and Sun/ Oracle.

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