Premier Farnell in bolt-on Chinese buy
Electronics components supplier Premier Farnell has completed the acquisition of Shenzhen Embest Technology, a Chinese provider of embedded system development boards and tools, as well as design engineering services.
Electronics components supplier Premier Farnell has completed the acquisition of Shenzhen Embest Technology, a Chinese provider of embedded system development boards and tools, as well as design engineering services.
Financial terms of the acquisition were not divulged but Premier Farnell did reveal that Embest has gross assets of around £0.5m.
Embest will report through element14, Premier Farnell's operating business in Asia Pacific, while providing solutions to customers across the world.
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