Conrad Electronic acquires distributor SOS Electronic

Date
07/10/2013

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Conrad Electronic has announced the acquisition of the European component distributor SOS Electronic. The acquisition is a substantial and integral part of Conrad's business supplies strategy, part of a massive extension of the product portfolio and services for CEMs, MROs and Design Engineers. SOS Electronic is a broadline stocking distributor that provides customers with a large product range of 200,000 semiconductors, passive and electromechanical components, soldering equipment and measurement devices. Commenting on the acquisition Holger Ruban, Director Conrad Business Supplies said: "The Conrad Group will benefit of SOS Electronic's 22 years market experience and the knowledge of each of our new colleagues. We see decisive synergies concerning Marketing, Sales and Purchasing. The acquisition supports us in terms of entering new customer segments, such as CEM. Volume effects will enable us to even improve our speed in realizing our new Business Supplies strategy concerning the extension of the product offering." SOS Electronic will stay an independent company. Following that, the company's name and the business purpose will not be amended. Operation related redundancies of employees are not planned. Existing customer relations to SOS electronic will not be affected by any changes to ensure a continuation and a further extension of established partnerships. Conrad Electronic

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