Avnet Abacus Named Broadline Distributor of the Year 2017 by Panasonic

Collaborative relationship has enabled Avnet Abacus to achieve top sales growth on Panasonic Industry Europe product line

Poing, Germany, 24 November, 2017: Avnet Abacus, one of Europe’s leading interconnect, passive, electro-mechanical and power distributors and a regional business unit of Avnet (NYSE: AVT), has been recognised as Broadline Distributor of the Year 2017 in Panasonic Industry Europe’s annual distribution awards.

The award follows a highly successful 12 months of business development, during which Avnet Abacus substantially outperformed the distribution network in billings growth, and achieved a record increase in bookings for the Panasonic product line. Significant advances in demand creation metrics and project-related revenue were also attained throughout the year.

Members of the collaborative team at Avnet Abacus and Panasonic Industry Europe.

The strong business relationship between the two companies has continued to grow, with emphasis on giving customers access to an expanded technology-led product portfolio, which includes industry-leading wireless modules, sensors, power chokes, hybrid capacitors and input devices.

Hagen Götze, director of supplier and product management, european product marketing, Avnet Abacus, commented: “This award is in recognition of the hard work and commitment of the Avnet Abacus team, which in collaboration with Panasonic, has delivered outstanding results through high-level commercial and technical engagement. This approach provides the foundation for continued growth and success together with Panasonic.”

Rudolf Kammerer, director distribution sales division, Panasonic, added: "Our channel partners and distributors are a vital part of Panasonic, and Avnet Abacus has successfully proven its ability to serve our authorised partners with both pre- and post-sales support. The team at Avnet Abacus is committed to delivering industry-leading customer service, and we are thrilled to recognise the company for its excellent sales growth.”

About Avnet Abacus
Avnet Abacus is a pan-European demand creation distributor specialising in interconnect, passive, electromechanical, power supply and battery products. Avnet Abacus’ extensive product range and exceptional line card is supported by a team of over 50 product specialists based across Europe, delivering technical expertise and technology focused initiatives. Avnet Abacus is a regional business unit of Avnet, (NYSE:AVT). For more information, visit: https://www.avnet-abacus.eu or follow us on http://www.twitter.com/Avnet_Abacus 

About Avnet
From idea to design and from prototype to production, Avnet supports customers at each stage of a product’s lifecycle. A comprehensive portfolio of design and supply chain services makes Avnet the go-to guide for innovators who set the pace for technological change. For nearly a century, Avnet has helped its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at: www.avnet.com

For further information:
Lisa Rees - Marketing Communications Manager
Avnet Abacus
T: +44 (0)1628 512940
M: +44 (0)7872 118277
Email: lisa.rees@avnet-abacus.eu 

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