$2.5M investment following European New Business franchise deal
Powell Electronics, the supplier of connectors and more for high-rel applications including defence, aerospace and industrial, is to become Europe’s largest stocking distributor of Positronic connectors following a franchise deal signed by the two companies. Powell will hold $2.5M of inventory at its new European warehouse and headquarters in Dublin, Ireland and focus on developing new business.
Positronic builds high-reliability power and signal connectors for a wide variety of global industries from medical to deep space where failure is not an option for critical systems. Examples of the company’s range of versatile high-performance connectors include the Scorpion family, described by the company as ‘the most versatile modular power/signal connector on the planet’, and the Combo D-subminiature families which offer a mixture of power and signal contacts in standard and high-density variations.
Commented Anita Warner, Positronic’s global director of sales: “We welcome Powell to our European network. We are sure that we can build on our successful relationship in the USA, and are excited that Powell will be offering such large and wide stocks of our parts in Europe.”
Added Powell Electronics European MD, Gary Evans: “Positronic delivers what it calls ‘The Science of Certainty’ – high-reliability mission-critical interconnect solutions. We are delighted to add Positronic to our growing franchise base, seeking out new business opportunities for Europe’s diverse customer base.”