Tuesday 26 November 2024
 
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Premier Farnell

Daetwyler agrees $1bn deal to buy Premier Farnell

Daetwyler Holding said on Tuesday it has agreed to buy Premier Farnell in an all-cash offer that valued the British electronic component distributor at just over 1 billion Swiss francs ($1.04 billion). Altdorf, Switzerland-based D

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Premier Farnell plans to sell non-core unit

British engineering supply group Premier Farnell unveiled a slew of measures on Thursday including cutting its dividend and the sale of a non-core unit to fight slowing sales growth. Shares in the company tumbled nearly 16 percent

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