Last year the distributor almost doubled its 2009 sales figure.
Stock availability was a big factor.
"We have first-rate technical teams who will be driving sales of Panasonic products by providing technical support for customers' new projects," said Hagen Götze, European marketing manager IP&E at Avnet Abacus.
Panasonic is going after the tantalum replacement market with new higher capacitance values in its V-FT series, radial low ESR components and SP capacitors, which are notable for their small size.
"The capacitance increase combined with the miniaturization offered by Panasonic's new FT-series positions these as a possible replacement for tantalum capacitors," said Götze.
The award was presented by Mr Hiroyuki Hamato, factory director of Panasonic Electronic Devices Japan, to Hagen Götze, European marketing manager IP&E at Avnet Abacus.