Electrocomponents

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Electrocomponents plc
TypePublic
LSE: ECM
IndustryElectronic components
Founded1937
HeadquartersLondon, England
Key people
Peter Johnson, Chairman
Lindsley Ruth, CEO
RevenueIncrease £1,953.8 million (2020)[1]
Increase £205.3 million (2020)[1]
Increase £154.7 million (2020)[1]
Number of employees
7,044 (2020)[1]
Websitewww.electrocomponents.com

Electrocomponents plc is a British-based distributor of industrial and electronics products. It is headquartered in Pancras Square London, England and is a constituent of the FTSE 100 Index.

History[]

The company was founded by J.H. Waring and P.M. Sebestyen as Radiospares selling spare parts for radios in London in 1937.[2] It was first listed on the London Stock Exchange as Electrocomponents in 1967.[2] It acquired Allied Electronics, a US-based distributor, in 1999[2] and bought IESA, a British-based provider of outsourcing services to manufacturing and process industries, in 2018.[3]

Operations[]

Electrocomponents is a distributor of industrial and electronics 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[]

  • 2017 - Electrocomponents won Turnaround of the Year Award at the PLC Awards 2016.[9]
  • 2014 - Electrocomponents was named UKTI Digital Business of the Year at the 2014 National Business Awards.[10]
  • 2012 - Electrocomponents was presented the Queen's Award for Enterprise for continuous achievement in international trade.[11]

References[]

  1. ^ a b c d "Annual Report and Accounts 2020" (PDF). Electrocomponents. Retrieved 1 March 2021.
  2. ^ a b c "History". electrocomponents.com. Retrieved 27 June 2018.
  3. ^ "Electrocomponents agrees to acquire IESA to extend value added services for corporate customers". Components in Electronics. 24 May 2018. Retrieved 1 March 2021.
  4. ^ a b "Investor centre". electrocomponents.com. Retrieved 27 June 2018.
  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. Archived from the original on 5 February 2015. Retrieved 25 January 2015.
  7. ^ "Homepage | Electrocomponents". Retrieved 14 March 2021.
  8. ^ "Homepage". www.okdo.com. Retrieved 14 March 2021.
  9. ^ "Winners - PLC Awards 2016". Retrieved 28 June 2017.
  10. ^ "Winners of the National Business Awards 2014". Archived from the original on 21 June 2015. Retrieved 5 June 2015.
  11. ^ "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[]

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