OUR HERITAGE Our history began more than 80 years ago with two businesses – Farnell in Europe and Newark in North America. Each began with a simple mission of delivering customers the products they need, when they need them. Since their humble beginnings in the 1930s, these two local businesses selling radio parts transformed into a global distributor of products and technology for electronic and industrial system design, maintenance, and repair. Newark Electronic founded 1934 1939 A.C. Farnell Limited founded First to offer eProcurement capabilities 1990s 1996 Premier Farnell Plc established following purchase of Premier Electronics New strategy launched to focus on design engineers, web, internationalization & profitable MRO 2006 2009 element14 Community launched Achieved Platinum status in the Business in the Community Index; Asia Pacific region becomes element14 2010 2011 Listed in the Dow Jones Sustainability Index Launch of the Raspberry Pi & acquisition of Embest 2012 Strategy evolved to focus on customer centric segments, multi-channel sales, marketing & international 2013 Acquisition of AVID Technologies 2014 2016 Premier Farnell acquired by Avnet Bidco Limited, an indirect, wholly owned subsidiary of Avnet, Inc. and delisted from the London Stock Exchange Farnell element14 rebranded Farnell, an Avnet Company; Newark element14 rebranded Newark, an Avnet company; Premier Farnell rebranded Farnell, globally 2019 2022 Opening of high-quality 362,000 sq. ft. state-of-the-art distribution centre in Leeds Newark Electronic founded 1934 1939 A.C. Farnell Limited founded First to offer eProcurement capabilities 1990s 1996 Premier Farnell Plc established following purchase of Premier Electronics New strategy launched to focus on design engineers, web, internationalization & profitable MRO 2006 2009 element14 Community launched Achieved Platinum status in the Business in the Community Index; Asia Pacific region becomes element14 2010 2011 Listed in the Dow Jones Sustainability Index Launch of the Raspberry Pi & acquisition of Embest 2012 Strategy evolved to focus on customer centric segments, multi-channel sales, marketing & international 2013 Acquisition of AVID Technologies 2014 2016 Premier Farnell acquired by Avnet Bidco Limited, an indirect, wholly owned subsidiary of Avnet, Inc. and delisted from the London Stock Exchange Farnell element14 rebranded Farnell, an Avnet Company; Newark element14 rebranded Newark, an Avnet company; Premier Farnell rebranded Farnell, globally 2019 2022 Opening of high-quality 362,000 sq. ft. state-of-the-art distribution centre in Leeds Farnell element14 rebranded Farnell, an Avnet Company; Newark element14 rebranded Newark, an Avnet company; Premier Farnell rebranded Farnell, globally 2019 2022 Opening of high-quality 362,000 sq. ft. state-of-the-art distribution centre in Leeds