Premier Farnell Signs International Agreement with Philips Lumileds
April 29 2013, London - Premier Farnell has signed an agreement with Philips Lumileds, one of the world's premier LED manufacturers, to distribute its products globally.
Through the deal Premier Farnell plc (LSE:pfl), the leading high service distributor of electronic components, will see it expand its position as the number one high service distributor of LED components.
Philips Lumileds products are designed specifically for illumination solutions, including recessed lighting, street lamps and retrofit bulbs, as well as being optimised for specific colour temperature and colour rendering combinations. Many of the products meet the global demand for efficient lighting solutions, as Philips Lumileds continues to concentrate on enhancing the efficacy of solid-state lighting solutions.
Allan Horn, Director of Distribution – EMEA at Philips Lumileds, said: "We decided to partner with Premier Farnell because of their 170,000 strong community element14. The strength of technical support and engagement on the site around our products makes them a perfect partner for us as well as their reach in Asia. We know that both these strengths will support our global aims."
Mike Buffham, Global Head of Product and Pricing at Premier Farnell, said: "This new global announcement with Philips Lumileds expands our award- winning technology solutions product offering and further strengthens our position as the leading high service distributor. Delivering an extensively stocked Philips Lumileds range enhances our global LED linecard and makes it easier for our customers to access all the products they need in one place."
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About Premier Farnell
Premier Farnell plc (LSE:pfl) is a global leader in high service distribution of technology products and solutions for electronic system design, maintenance and repair. Its differentiated proposition includes 29 local language transactional websites, and the critically important element14 Community for design engineers – an industry first ( www.element14.com). With sales last year of £952m the Group distributes its comprehensive portfolio of products and services throughout Europe, North America and Asia Pacific, supported by a global supply chain of over 3,500 suppliers and an inventory profile developed to anticipate and meet its customers' needs.
While global in scope, Premier Farnell recognises the individual needs of each market and has continued to internationalise its model accordingly. It trades locally as Farnell in Europe, Newark/element14 in North America and Mexico and Farnell Newark in Brazil. Across Asia Pacific the business trades as element14.
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Global Contact:
Ken Leitch
Global Head of PR
Premier Farnell plc
Tel: +44 (0) 20 7851 4145
E-mail: KLeitch@premierfarnell.com
Europe Contact:
Jen Cooke
European PR Manager
Tel: +44 (0) 113 3484904
E-mail: jcooke@premierfarnell.com
APAC Contact:
Christina Loh
Communications APAC
Tel: +65 6671 8769
E-mail: cloh@element14.com