Business
Global Distribution Agreement with Premier Farnell
Global Distribution Agreement with Premier Farnell.
About this update from Cap-xx Limited
[{"type":"text","content":"\n\n18 March 2025\nCAP-XX Limited\n(\"CAP-XX\" or \"the Company\")\n Global Distribution Agreement with Premier Farnell\nCAP-XX Limited, a world leader in the design and manufacture of supercapacitors and energy management systems, is pleased to announce a global distribution agreement with Premier Farnell, part of Avnet Inc., the second-largest electronic components distributor in the world, with annual revenues of $26.5 billion.\nFarnell, with 3,500 employees across 60 locations, is a leading global e-catalogue distributor, generating revenues of $1.73 billion in 2023. Stocking over 950,000 electronic and industrial products from more than 2,000 suppliers, Farnell operates under the Farnell brand in Europe, Newark in North America, and Element14 in Asia. Renowned for supporting design engineers at the early stages of new projects, Farnell offers small quantity orders and fast, 24-hour delivery from its warehouses in Europe, the USA, and Asia.\nLars Stegmann, CEO of CAP-XX, said, \"We are thrilled to partner with Premier Farnell. This collaboration strengthens our global footprint and ensures that CAP-XX's innovative supercapacitors are readily accessible to customers worldwide. Farnell's extensive network and reputation for supporting design engineers make them an ideal partner.\"\n \nFor further information contact:\n \nCAP-XX Limited\nPat Elliott (Chairman) +61 (2) 9157 0000\nLars Stegmann (Chief Executive Officer)\n \nAllenby Capital (Nominated Adviser and Broker)\nDavid Hart / Piers Shimwell (Corporate Finance) +44 (0) 20 3328 5656\nJos Pinnington / Tony Quirke (Sales and Corporate Broking)\n \nNotes to Editors:\n \nAbout CAP-XX\n \nCAP-XX (LSE: CPX) is a leader in the design and manufacture of thin...