Source - LSE Regulatory
RNS Number : 1139B
CAP-XX Limited
18 March 2025
 

18 March 2025

CAP-XX Limited

("CAP-XX" or "the Company")

 Global Distribution Agreement with Premier Farnell

CAP-XX Limited, a world leader in the design and manufacture of supercapacitors and energy management systems, is pleased to announce a global distribution agreement with Premier Farnell, part of Avnet Inc., the second-largest electronic components distributor in the world, with annual revenues of $26.5 billion.

Farnell, with 3,500 employees across 60 locations, is a leading global e-catalogue distributor, generating revenues of $1.73 billion in 2023. Stocking over 950,000 electronic and industrial products from more than 2,000 suppliers, Farnell operates under the Farnell brand in Europe, Newark in North America, and Element14 in Asia. Renowned for supporting design engineers at the early stages of new projects, Farnell offers small quantity orders and fast, 24-hour delivery from its warehouses in Europe, the USA, and Asia.

Lars Stegmann, CEO of CAP-XX, said, "We are thrilled to partner with Premier Farnell. This collaboration strengthens our global footprint and ensures that CAP-XX's innovative supercapacitors are readily accessible to customers worldwide. Farnell's extensive network and reputation for supporting design engineers make them an ideal partner."

 

For further information contact:

 

CAP-XX Limited

Pat Elliott (Chairman)                                                                         +61 (2) 9157 0000

Lars Stegmann (Chief Executive Officer)

 

Allenby Capital (Nominated Adviser and Broker)

David Hart / Piers Shimwell (Corporate Finance)                              +44 (0) 20 3328 5656

Jos Pinnington / Tony Quirke (Sales and Corporate Broking)

 

Notes to Editors:

 

About CAP-XX

 

CAP-XX (LSE: CPX) is a leader in the design and manufacture of thin, flat supercapacitors and energy management systems used in portable and small-scale electronic devices, and to an increasing extent, in larger applications such as automotive and renewable energy. The unique feature of CAP-XX supercapacitors is their very high-power density and high energy storage capacity in a space-efficient prismatic package. These attributes are essential in power-hungry consumer and industrial electronics and deliver similar benefits in automotive and other transportation applications.

 

For more information visit www.cap-xx.com

 

About Premier Farnell

Premier Farnell, part of Avnet Inc., is a leading global distributor of electronic components and industrial products. Operating under the Farnell brand in Europe, Newark in North America, and Element14 in Asia, Premier Farnell supports engineers and manufacturers at every stage of the product lifecycle, from design to production. With a vast catalogue of over 950,000 products sourced from more than 2,000 leading suppliers, the company offers a unique combination of inventory breadth, design support, and logistical expertise. Premier Farnell is renowned for its customer-centric approach, providing fast delivery, technical resources, and small-order quantities to meet the needs of design engineers and innovators worldwide.

For more information, visit www.farnell.com

About Avnet, Inc.

Avnet, Inc. (NASDAQ: AVT) is a Fortune 500 global technology distributor and solutions provider, with a history spanning over 100 years. Headquartered in Phoenix, Arizona, Avnet is one of the world's largest electronic components distributors, generating revenues of $26.5 billion in fiscal 2023. The company provides a comprehensive suite of solutions across the design-to-deployment lifecycle, serving customers in over 140 countries. Avnet's expertise in supply chain management, engineering services, and digital platforms empowers its customers to turn ideas into tangible technology. Avnet is committed to advancing the connected world through innovation and collaboration.

For more information, visit www.avnet.com

 

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