Element 14 newsroom (Corporate)

2019
19
June
2019
Premier Farnell, the Development Distributor, has appointed Umasankar Pingali to the role of Business President of Newark, its distribution business in the Americas. Uma will continue to report to Chris Breslin, President of Premier Farnell. Uma j...
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30
January
2019
Premier Farnell, the Development Distributor, delivered growth in the second quarter of fiscal year FY19 (three months ended 31 December 2018) with global revenue of $368.3m, up +2.8% year over year (+5.2% year over year on a constant currency basis)...
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2018
05
November
2018
Premier Farnell, the Development Distributor, delivered a strong trading performance in the fiscal year FY19 first quarter ended 30 September 2018 with global revenue of $379m, up +7.2% year over year (+8.2% year over year on a constant currency basi...
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24
October
2018
Premier Farnell, the Development Distributor, has announced a third year of sponsorship of Startupbootcamp | IoT. This year’s Startupbootcamp IoT has a focus on high-impact startups in Industrial IoT and areas such as manufacturing, infrastructure, e...
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30
August
2018
Premier Farnell, delivered an exceptional FY181 trading performance with global revenue of $1.5bn, up +11.1% year over year (+6.5% year over year on a constant currency basis). The company delivered consecutive year on year growth each quarter at a g...
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04
July
2018
Premier Farnell, the Development Distributor, has signed a contract with SSI Schaefer, one of the global market leaders and innovators in the intralogistics sector, to equip the company’s new Leeds Distribution Centre with a state-of-the-art order fu...
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15
May
2018
Premier Farnell, the Development Distributor, has announced a substantial investment in product inventory as well as the addition of a number of new suppliers to its product offering. The result is a major expansion in both the breadth and depth of t...
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03
April
2018
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 construc...
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15
February
2018
Premier Farnell, the technology distributor, today announces investment in a 360,000 sq foot warehouse at Muse Development’s Logic Leeds, within a Leeds City Council Enterprise Zone, retaining £650m in revenue and jobs in the Yorkshire region. The...
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08
February
2018
Premier Farnell, the Development Distributor and sponsor of Startupbootcamp IoT: connected devices, has shared its ‘ones to watch’ following the culmination of the three month Accelerator Programme at the Startupbootcamp IoT demo day on 24th January ...
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2016
08
December
2016
Avnet, Inc. (NYSE: AVT), a leading global technology distributor, today announced the promotion of Graham McBeth to the role of president of Premier Farnell Plc, effective immediately. McBeth will report directly to Gerry Fay, president, global busin...
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27
October
2016
Premier Farnell, The Development Distributor, has launched an online newsroom to announce their latest news across the globe. The newsroom caters for journalists and customers alike and includes all the latest news from a wide range of manufacturers,...
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17
October
2016
Avnet, Inc. (NYSE: AVT), announced today that it has completed its acquisition of Premier Farnell plc (“Premier Farnell”) in an all cash merger for £1.85 per share, which equates to an equity value of approximately £691 million. The acquisition was a...
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11
January
2016
element14 today announces three senior level appointments to strengthen its management team, following a global reorganisation and strategic operational review. Ralf Buehler takes on the role of Chief Sales Officer on 1 February to lead the compan...
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