Premier Farnell to Sell Akron Brass

Premier Farnell plc (“Premier Farnell”) today announces that, together with its wholly owned subsidiaries, Celdis Limited and Premier Farnell Corp., it has entered into a conditional agreement with respect to the sale of Akron Brass Holding Corp. (“Akron Brass”) to IDEX Corporation for cash consideration of US$224.2 million (the “Disposal”). Highlights Total consideration of US$224.2…