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Arrow Electronics (ARW) Completes Acquisition of TechTurn

February 13, 2012 4:01 PM EST
ARW Hot Sheet
Overall Analyst Rating:
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Arrow Electronics, Inc. (NYSE: ARW) announced the successful completion of the acquisition of TechTurn, Ltd. (“TechTurn”), a leading provider of electronics asset disposition (EAD) services that specializes in the processing and sale of technology devices that are returned or recycled from businesses and consumers.

TechTurn is headquartered in Austin, Texas, and has 135 employees. The company’s sales are expected to exceed $50 million in 2012.


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