Espoo, Finland, 2015-11-20 10:15 CET (GLOBE NEWSWIRE) --
Efore Plc Press release November 20, 2015 at 11.15 a.m.
Efore’s Italian subsidiary, ROAL Electronics, is pleased to announce the signing of a new distribution agreement with LUSO Electronics Ltd. LUSO Electronics is an independent, privately owned company established in 1967 and headquartered in the City of London and has demonstrated exceptional performance in power electronics distribution.
“We have great expectations for this new partnership. Their technically oriented approach and well established presence in the UK are key values that we believe will boost our presence in the complex UK market,” stated Heikki Viika, CEO of Efore Plc.
David Zelkha, Managing Director of Luso Electronics, commented: “Efore’s ROAL Digital Power (DP) products have extensive pedigree in powering the industrial, medical and communications markets. The company offers configurable power supplies, which are compact, highly efficient and offer a flexible solution, suitable for many applications. The addition of the Efore’s ROAL DP product line gives our customers a complete range of power options for their equipment designs.”
EFORE PLC
Heikki Viika
President and CEO
For further information please contact Heikki Viika, President and CEO, tel. +358 9 4784 6312.
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Nasdaq OMX Helsinki Oy
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Efore Group
Efore Group is an international company which develops and produces demanding power products. Efore's head office is based in Finland and its production units are located in China and Tunisia. Sales and marketing operations are located in Europe, United States and China. In the fiscal year ending in December 2014, consolidated net sales totalled EUR 85,3 million and the Group's personnel averaged 914. The company's share is quoted on the Nasdaq OMX Helsinki Ltd. www.efore.com