A team from Taylor Wessing advises Arrow Electronics on its public bid for Data Modul AG. Goldman Sachs is financial advisor to Arrow on this transaction. Arrow Electronics, Inc. (NYSE:ARW), through its wholly-owned subsidiary in Munich, Germany (“Arrow CEHM”), is initiating an all-cash tender offer to acquire the shares of DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen („Data Modul AG“) (FSE Prime Standard: DAM) for a purchase price of 27.50 Euros per share.

In conjunction with this tender offer, Arrow CEHM has entered into agreements with several shareholders of the company including the Hecktor family and Varitronix Investment Limited through which Arrow CEHM has secured the acquisition of approximately 37% of the nominal share capital of the company. The management board and supervisory board of Data Modul AG support the transaction.

Headquartered in Munich, Germany, Data Modul AG has operations in Europe, Middle East, Asia, and North America. Sales in 2014 are estimated to be €160 million. The purchase price assuming all shares are tendered would be approximately 94m Euros (105m US-Dollars based on current exchange rates).For more information please visit arrow.com/datamoduloffer.

Arrow Electronics (www.arrow.com) 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 in 58 countries.

Legal Advisors to Arrow Electronics, Inc.:

Taylor Wessing: Federführung –

Stefan Kroeker (Corporate M&A Partner) and Dr. Oliver Rothley (Capital Markets Partner), both Munich; Hildegard Günzel (Corporate M&A Associate), Cora Nies (Capital Markets Associate), Dr. Oliver Treptow (Corporate M&A Senior Associate), all Munich; Dr. Christoph Vaupel and Dr. Lars-Gerrit Lüßmann (both Capital Markets Partners, Frankfurt), Dr. Bert Kimpel (Tax Partner, Düsseldorf), Dr. Michael Pils (Employment Senior Associate, Düsseldorf), Dr. Christian Frank (TMT Partner, Munich); Tessa Schoof (Commercial Partner), Donata von Enzberg (Commercial Senior Associate), Dr. Stephan Knöchel (Commercial Senior Associate, all Hamburg); Ortrun Günzel (IP Law Partner, Munich).