Avnet, Inc. has entered into a joint venture agreement with Sanko Holding Group in Turkey. Avnet will acquire a 50.01% interest of the joint venture, which will include the operations of Akora Technology and Industry Corporation, a Sanko affiliate company, making the joint venture one of the largest IT distributors in Turkey.
Founded in 2001, Akora distributes servers, storage, workstations and computer components to 3,000 resellers throughout Turkey. The joint venture, Avnet Technology Solutions Sanayi ve Ticaret A.S., will become part of the operations of Avnet Technology Solutions Europe, Middle East and Africa (EMEA).
In calendar 2007, Akora’s revenue was approximately US$127 …
Avnet Enters Joint Venture in Turkey
Avnet, Inc. has entered into a joint venture agreement with Sanko Holding Group in Turkey. Avnet will acquire a 50.01% interest of the joint venture, which will include the operations of Akora Technology and Industry Corporation, a Sanko affiliate company, making the joint venture one of the largest IT distributors in Turkey.
Founded in 2001, Akora distributes servers, storage, workstations and computer components to 3,000 resellers throughout Turkey. The joint venture, Avnet Technology Solutions Sanayi ve Ticaret A.S., will become part of the operations of Avnet Technology Solutions Europe, Middle East and Africa (EMEA).
In calendar 2007, Akora’s revenue was approximately US$127 …
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