Avnet Abacus receives special distribution award from Vishay

Avnet Abacus named fastest-growing distributor of passive components over the past three years

Brussels, Belgium, November 4th, 2019: Avnet Abacus, one of Europe’s leading interconnect, passive, electro-mechanical and power distributors and a regional business unit of Avnet (NASDAQ: AVT), today announced it has been honoured with a special distribution award from Vishay, one of the world’s largest manufacturers of discrete semiconductors and passive electronic components. The award recognises Avnet Abacus as Vishay’s “Fastest Growing Passive Distributor from 2016 to 2018.”

Avnet Abacus recorded a progression in sales of Vishay passive components across a three-year period. This level of success has been due to the distributor’s industry-leading combination of technical expertise and understanding of the latest passive technologies, in conjunction with its excellent supply-chain and logistics support for customers. In addition, Avnet Abacus has created new business development opportunities for Vishay components with successful projects in various market segments.

Vishay offers a very wide-ranging portfolio of electronic devices including resistors, capacitors, inductors, diodes, MOSFETs, and infrared optoelectronics. Vishay products and technologies are widely used in virtually all types of electronic devices and equipment across an extensive selection of market sectors including industrial, automotive, telecommunications, aerospace/defence and medical markets.

“Vishay has an extensive and high-quality product portfolio that includes more than one million different passive components and many distinguished brands that are very well known across our industry,” said Alan Jermyn, VP Marketing at Avnet Abacus. “This award is a recognition of the success not only of the way we work together, but also the job we are doing to make it easy for customers to specify and buy Vishay components.”

“We are happy to present Avnet Abacus with this award reflecting their high level of service and world class inventory management, which make Vishay’s technologies and solutions more accessible to our mutual customers,” said Philippe Masson, Senior Director, Sales Distribution Europe for Vishay. “Avnet Abacus has consistently delivered impressive sales results for our passive products and we congratulate their whole team for their outstanding performance and for strengthening our relationship throughout Europe.”

Avnet Abacus is an authorised Vishay distributor throughout Europe.

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, (NASDAQ:AVT), with European headquarters in Belgium (Avnet Europe Comm. VA). For more information, visit: www.avnet-abacus.eu or follow us on http://www.twitter.com/Avnet_Abacus
About Avnet
Avnet is a global technology solutions provider with an extensive ecosystem delivering design, product, marketing and supply chain expertise for customers at every stage of the product lifecycle. We transform ideas into intelligent solutions, reducing the time, cost and complexities of bringing products to market. 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.
Legal Disclaimer: All brands and trade names are trademarks or registered trademarks, and are the properties of their respective owners. Avnet disclaims any proprietary interest in marks other than its own.