Acquisition

5th Jul 2012 11:00

Completion of the acquisition of Shenzhen Embest Technology Co Limited

5 July, 2012 - London, Premier Farnell plc announces the completion of its acquisition of Shenzhen Embest Technology Co Ltd (Embest), a leading provider of embedded system development boards and tools, as well as design engineering services with gross assets of approximately £0.5 million (at current exchange rates). Embest, which is based in China, will report through element14, Premier Farnell's operating business in Asia Pacific, while providing solutions to customers across the world.

For further enquiries please contact:

Andrew Lorenz FTI Consulting +44 (0) 20 7269 7291

Richard Mountain

PINX

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