Monday, July 9, 2018

TTI Acquires Compona AG

Fort Worth-based electronics distributor TTI, an electronics distributor which is owned by Berkshire Hathaway, said Monday morning that it has acquired Compona AG of Switzerland, plus that company's German subsidiary, Cosy Electronics GmbH. Financial details of the acquisition were not announced. Both companies are specialty distributors of interconnect products and provide services such as in-house assembly of connectors and custom cable harnesses. TTI's founder and CEO is Paul Andrews.