Completion of the acquisition of Shenzhen Embest Technology Co Limited

Premier Farnell plc (LSE:pfl) announces the completion of its acquisition of Shenzhen Embest Technology Co Ltd (Embest), a leading provider of embedded system development boards and tools, as well as design engineering services with gross assets of approximately £0.5 million (at current exchange rates). Embest, which is based in China, will report through element14, Premier Farnell's operating business in Asia Pacific, while providing solutions to customers across the world.