Two years on from its acquisition by Avnet and Premier Farnell is flourishing. In 2018 the distributor delivered global revenue of $1.5bn, up 11.1% year over year and posted consecutive year on year growth each quarter at a global and regional level (EMEA, North America & Asia-Pacific). It exited the year with Q4 sales growth of 13% year over year.
Premier Farnell has named industry veteran Rob Rospedzihowski as Vice President for Sales, EMEA reporting to Chris Breslin, President, Premier Farnell. Rospedzihowski is responsible for Farnell element14’s sales across EMEA and takes on the role with immediate effect.
Graham McBeth has retired from his position as President of Premier Farnell and he has been replaced by Chris Breslin, who was previously senior vice president for global products. He was announced as McBeth’s replacement at Avnet’s Investor Day event in New York City. Breslin will report to Pete Bartolotta, chief transformation officer at Avnet.
Nordic Semiconductor has joined the Premier Farnell global linecard following an agreement between the two companies. The deal gives the distributor access to ultra-low power (ULP) wireless chips that can run for a long time from small power sources as the future of electronics goes wireless and portable due to consumer demand for ever greater levels of freedom and flexibility.
Work has now started on site for Premier Farnell’s high-quality 361,000 sq ft distribution unit at Muse Developments’ flagship Logic Leeds site. A special turf-cutting ceremony was held on March 29 at Logic Leeds to celebrate the start of construction work on the state-of-the-art distribution hub.
Premier Farnell has announced a new global franchise agreement with Amphenol SV Microwave, which will enhance its RF connector, adapter and cable assembly product ranges to include higher…
Premier Farnell is investing in a 360,000 sq. foot warehouse. The move follows the distributor adding £60m of additional inventory in the past 12 months which instigated a Europe-wide search for a new warehouse facility to support demand.
Premier Farnell has signed a partnership agreement for the worldwide distribution of Integrated Device Technology’s RF, high-performance timing, memory interface, real-time interconnect, optical interconnect, wireless power and sensing solutions.
Hobbyists and makers as well as those involved in technology education now have a website to call their own. Premier Farnell has launched forthings.com, a B2C website described by Steve Carr, Global Head of Marketing at Premier Farnell and Farnell element14 as “a content-driven and transactional site.”
Xilinx All Programmable Devices have been added to the Premier Farnell product offering worldwide. The products are making inroads into a wide range of markets including military, aerospace…