Avnet completes sale of Freeman Products.GREAT NECK, N.Y.--(BUSINESS WIRE)--March 14, 1995--Leon Machiz, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Avnet, Inc. (NYSE NYSE See: New York Stock Exchange :AVT AVT avian arginine vasotocin. See vasotocin. ), announced today that Avnet had completed the sale of the business of Freeman Freeman can mean:
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of based investment firm. Freeman Products is a leading manufacturer, designer and marketer of trophy component parts and award and recognition products with the largest product line in its industry. The company distributes these products through trophy stores and various wholesale channels. Freeman manufactures its products in several U.S. locations and markets to a domestic and international clientele. The disposition of the Freeman Products operation is consistent with Avnet's policy of continuing to focus its resources on its principal business of distributing electronic components and computer products on a global basis. Hoffman & Company is a private investment partnership with support from Electra, Inc., Carl Marks & Co., Inc. and Merifin Capital. CONTACT: Avnet Inc., Great Neck Stephanie Wagoner or Raymond Sadowski, 516/466-7000 |
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