PRESS RELEASE

Munich, 4 May 2023

RFMW is a global specialty distributor of radio frequency and microwave products that has been part of the Berkshire Hathaway Group since its acquisition by TTI, Inc. of Fort Worth in 2018.

MRC Gigacomp and MRC Components represent industry-leading manufacturers of RF, microwave and millimeter-wave components, as well as power electronics components, as distributors in Germany, Austria, Switzerland and Benelux. The agreement strengthens RFMW’s international presence with an impressive footprint throughout Europe and underscores its preeminent position as a highly qualified, experienced technical sales and marketing organization.

“We are excited to become part of the RFMW family and look forward to working with our new global colleagues,” said Frank Lauber, general manager of MRC Gigacomp. “We appreciate the close alignment of MRC’s mission and philosophy with that of RFMW,” said Mike Carroll, vice president of global sales at RFMW. “MRC’s excellent customer relationships and European coverage will further enhance RFMW’s international presence and strengthen our product offering. We are confident that our customers and suppliers will benefit from the acquisition, and we look forward to working with the MRC team.”

Advisors:

honert (Munich): Dr. Jörg Schwichtenberg (lead), Dr. Maximilian Därr, Susanne Labus, Arik Widenhorn, Martina Baumert