Arrow Altech Distribution (AAD), Africas leading distributor of electronic components, products and solutions, has announced that its joint venture partner, Arrow Electronics, Inc., has been named to Fortune magazines Worlds Most Admired Companies for the 16th consecutive year.
Arrow Altech again topped the list in the Wholesalers: Electronics and Office Equipment category based on input from industry executives, directors and analysts. Fortunes Worlds Most Admired Companies list recognises companies based on nine key attributes of reputation, including innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment value, global competitiveness and quality of products and services. Arrow Electronics was ranked number one in each of these categories. According to Michael J. Long, chairman, president and chief executive officer of Arrow Electronics, the recognition by Fortune magazine is due to Arrows dedicated employees around the world who are committed to guiding innovation forward for Arrows customers and suppliers.-ENDS-Notes to Editors: About Arrow Altech DistributionArrow Altech Distribution (AAD) is Africas leading distributor of a vast range of electronic components, products and solutions and represents many of the foremost international component manufacturers in the world.
The company is a joint venture between Altech and Arrow Electronics Inc., one of the world’s largest NYSE listed electronics and computer products distribution giants.AAD is an ISO 9001:2008 certified company and has distribution agreements in place with several international industry leaders such as Texas Instruments, STMicroelectronics, Sierra Wireless and Atmel. The organisation offers the most comprehensive line card which includes semiconductors, passive, electromechanical, connector, displays, frequency, battery, wireless, lighting, embedded software products and military spec wire cable and interconnect products to the industryAbout Arrow Electronics Arrow Electronics is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow serves as a supply channel partner for more than 100,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 460 locations serving over 85 countries.
For further information please contact: Chris Van Zyl Head: Corporate Communications & PRAltron TMTTel: +27 11 650 9200Email: cvanzyl@altech.co.zawww.arrow.altech.co.zawww.arrow.com