Electrocomponents

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Electrocomponents plc
Public (LSEECM)
Industry Electronic components
Founded 1937
Headquarters London, England
Key people
Peter Johnson, Chairman
Lindsley Ruth, CEO
Revenue £1,511.7 million (2017)[1]
£132.3 million (2017)[1]
£92.1 million (2017)[1]
Number of employees
5,800[1]
Website www.electrocomponents.com

Electrocomponents plc is a British-based distributor of electronics, automation and control components, engineering tools and consumables. It is headquartered in Pancras Square London, England and is a constituent of the FTSE 250 Index.

History

The company was founded by J.H. Waring and P.M. Sebestyen in 1937 as Radiospares selling spare parts for radios in London.[2] In 1967 it was first listed on the London Stock Exchange as Electrocomponents.[2] In 1999 it acquired Allied Electronics, a US-based distributor.[3]

Operations

Electrocomponents is a distributor of electronics and industrial products, serving over 1 million customers in more than 80 countries.[4] The company distributes over 500,000 products, including electronic components, electrical, automation and control, and test and measurement equipment, and engineering tools and consumables, sourced from 2,500 suppliers.[4] The company trades under the brands:

Awards

In 2017, Electrocomponents won Turnaround of the Year Award at the PLC Awards 2016.[7] In 2014, Electrocomponents was named UKTI Digital Business of the Year at the 2014 National Business Awards.[8] In 2012, Electrocomponents was presented the Queen's Award for Enterprise for continuous achievement in international trade.[9]

References

  1. ^ a b c d "Annual Report and Accounts 2017" (PDF). Electrocomponents. Retrieved 28 June 2017. 
  2. ^ a b Electrocomponents: History Archived 2010-01-15 at the Wayback Machine.
  3. ^ Avnet Loses Allied, Gains Alliance - Company Business and Marketing
  4. ^ a b "Investor centre". electrocomponents.com. Retrieved 28 March 2015. 
  5. ^ "RS Components Scoop Top UK Award for Online Investment". National Business Awards. Archived from the original on 2003-12-19. Retrieved November 19, 2013. 
  6. ^ "Hitaltech announce distribution agreement with Allied Electronics". ECNmag.com. Retrieved 25 January 2015. 
  7. ^ "Winners - PLC Awards 2016". Retrieved 28 June 2017. 
  8. ^ "Winners of the National Business Awards 2014". Archived from the original on 21 June 2015. Retrieved 5 June 2015. 
  9. ^ "2012 Winners - The Queen's Awards For Enterprise Magazine". queensawardsmagazine.com. Archived from the original on 15 January 2015. Retrieved 28 March 2015. 

External links

  • Official website
  • RS Components Homepage
  • Allied Homepage
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