Eurodis jumps into distribution top four with US deal

Eurodis jumps into distribution top four with US deal
Richard Wilson
Eurodis Electron has teamed up with US distributor, Pioneer-Standard Electronics in a global distribution agreement that places Eurodis in the world top four electronic component distributors.
The agreenment opens the possibility of global sourcing for Eurodis. As well as the potential cost benefits of this, the UK distributor will also have increased clout in winning multinational supplier business.
The five year deal involves the US firm taking a five per cent equity stake in Surrey-based Eurodis, which will itself buy some $1.5m worth of Pioneer shares. Combined sales of the new group, which will also include WPI in Taiwan worth that Pioneer has an existing relationship, will be some $3bn.


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