Datwyler to Acquire Premier Farnell

Datwyler to acquire Premier Farnell for an enterprise value of CHF1,0921 million in a recommended all-cash offer. Today, the boards of Dätwyler Holding AG (“Datwyler”) and Premier Farnell plc (“Premier Farnell”) have reached agreement on the terms of a recommended all-cash offer by Datwyler for the entire issued and to be issued share capital of…

Distribution Tackles Market Upheaval with Executive Overhaul

The electronics distribution industry is experiencing significant changes in the ranks of its senior executives as the sector fights to spur growth and reverse years of lackluster performance. That’s what happens when companies don’t perform as well as expected but recent changes at the apex of the leading distribution companies indicate the sector may be…

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…

Newark element14: A Decade of Change

Tom Hudak’s resignation as president of Chicago-based Newark element14 this week underscores several major management and branding changes at the distributor over the past decade. Since 2003, the North American distribution business of UK-based Premier Farnell plc has had five presidents and two brands, changing from Newark Electronics to NewarkInOne and now Newark element14. While management…

Bourns Awards Top European Distributor Partners

Riverside, Calif.- Bourns, Inc., a leading manufacturer and supplier of electronic components, today announced that it acknowledged the company’s top performing distributors with its European Distributor Awards during an event at this year’s Electronica trade show held in Munich, Germany. Bourns developed the awards to recognize the outstanding contributions by its distributor channel partners over the past…

Premier Farnell Adds Swissbit

Premier Farnell has signed a direct agreement with Swissbit AG, a leader in industrial DRAM modules and Flash storage products. The world-wide agreement covers EMEA, North America, APAC and Japan regions. Swissbit products are particularly targeted at the industrial computer markets including Embedded Computing, Automation, Measurement, Communication, Network, Military, Aerospace, Transportation, Casino Gaming and Medical…

Ethisphere Names Premier Farnell as ‘Most Ethical’

Premier Farnell plc (LSE:pfl), the  leading high service distributor of electronic components, has been recognized for the fourth year in a row as one of the World’s Most Ethical Companies by The Ethisphere Institute. The leading international organization dedicated to the creation, advancement and sharing of best practices in business ethics, governance, anti-corruption and sustainability, The…