Farnell , multi-channel, high service distributors supporting millions of engineers and purchasing professionals globally, have signed a new European franchise agreement with electronic component manufacturer TDK.
Farnell will stock approximately 900 lines from TDK's range of passive components with a further 250 devices expected to be added in the near future.
Most of the initial products will be taken from TDK's inductive component ranges. Comprehensive technical data for all the TDK products can be easily accessed through the Farnell website.
Farnell were chosen due to their established European distribution model and commitment to emerging markets within Eastern Europe.
Local language websites, local offices throughout Europe and the undertaking that all in stock items are delivered next day throughout Europe, provide Farnell customers with good sales and technical support.
"The agreement provides a perfect opportunity to combine TDK's market leading products and technologies together with the multi-channel marketing expertise of Farnell. This partnership will enable us to deliver real solutions to the widest possible audience within the design engineering community," said Peter Millar, European Distribution Manager.
Since they were first established in 1935, TDK have grown to become a well-known company in the electronics sector. More recently they have strengthened their presence across customer sectors and regions by signing a Business Combination Agreement with Munich, Germany headquartered electronic component manufacturer EPCOS.
Commenting on the new agreement, Claire Doyle, Director of European Supplier Management, at Farnell said: “With its long-established reputation in the electronic component sector that has recently been significantly strengthened by its collaboration with EPCOS, this agreement with TDK is extremely significant.”
“Farnell’s extensive European presence will give fast, easy access to TDK's exciting and industry-leading product range and provide a valuable new resource for design engineers across the continent,” said Claire Doyle.