PHOENIX – Avnet Inc. announced it plans to acquire Berlin-based passive components distributor Betronik GmbH. No other terms were announced.

Betronik reported 2006 revenues of approximately $40 million. It employs about 80 people in its logistics center in Berlin, seven sales offices across Germany and one in France. The acquisition is subject to final approval by German antitrust authorities.

Betronik and French subsidiary DEL S.A. will be combined with Avnet Time in Germany and France, respectively. The newly formed business will operate within Avnet Electronics Marketing EMEA under the Avnet Time brand.

As a result of the merger, Ingeborg and Horst Mergener, managing directors and founders of Betronik, will lead the sales organizations in Germany, reporting to Michael Danylow, president of Avnet Time.