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Sale of UR Group Power Business to Arrow Electronics Inc.

Sale of Power-Conversion business division

Milan, August 8th 2014 – UR Holding S.p.A. (SIN: A0LBEG/ISIN: IT0003463772) announced today that the company has entered into an agreement to sell its Power-Conversion business to Arrow Electronics (NYSE:ARW)

“The sale of the Power Conversion activities, representing approx. 50% of UR Group’s total revenues with a stable earning contribution, will support our strategy to focus more on the strong growing business with embedded technologies, satellite communication and Supply Chain Management. We will re-invest a significant part of the proceeds from this transaction in these divisions to support the future growth of the overall organisation” said Giovanbattista Laghezza, CEO & President of UR Group.

The transaction will become effective on September 30th 2014 and the parties agreed not to disclose details of the transaction and purchase price.

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 in 58 countries.

About UR Group

The UR Group provides technological & service solutions in Communications, Embedded Technologies and Supply Chain Management. With extensive product knowledge and market-focused strategy it can provide design, development, application support and product fulfilment throughout its global locations.

Press Contact: Mr. Stefan Haas, UR Holding S.p.A., Viale Edison 44, 20090, Trezzano s/N, (Milan) Italy

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