Exceptional operational and sales performance earns Avnet Abacus top honours once again

Brussels, Belgium, 15th May, 2023: Avnet Abacus, one of Europe’s leading interconnect, passive, electro-mechanical and power distributors and a regional business unit of Avnet (NASDAQ: AVT), has been awarded the TDK European Distribution Award, a testament to the company’s unwavering commitment to operational excellence and sales performance. Over the past two years, Avnet Abacus has maintained a strong growth trajectory, with an impressive sales growth year on year across the TDK product range.

The TDK European Distribution Awards are based on the annual Senten Manten distributor performance evaluation program. The program assesses distributors on performance and collaboration with TDK across four categories: business performance, inventory management, contractual terms, and operational excellence. Avnet Abacus scoring across these categories is reflecting their commitment to providing exceptional service and support.

Rudy Van Parijs, President of Avnet Abacus, expressed his appreciation for the continued recognition: “We are extremely proud to receive the TDK European Distribution Award for the second year running. This accolade reflects our team’s dedication to working closely with TDK, offering customers across Europe the best product solutions and technical support. We look forward to further strengthening our partnership with TDK in the years to come.”

Dietmar Jaeger, President of TDK’s Global Distribution Division and Head of TDK’s Distribution Business in Europe, commended the Avnet Abacus team for their achievements: “Our partnership with Avnet Abacus continues to grow, and this award is recognition of the dedication of the Avnet Abacus team in providing outstanding technical support and customer service across our entire product range. We are confident that this successful collaboration will continue to drive growth for both companies.”

For more details on the partnership between Avnet Abacus and TDK visit https://www.avnet.com/wps/portal/abacus/manufacturers/m/tdk

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 BV). 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.

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