Sager Electronics Completes Acquisition of Norvell Electronics, Inc


MIDDLEBOROUGH, Mass. – Sager Electronics, a leading North American distributor of Interconnect, Power and Electromechanical components, today announced that it has completed the acquisition of Norvell Electronics, Inc., a North American power products distributor with extensive design and value add capabilities, headquartered in Carrollton, Texas.



Sager Electronics President Frank Flynn said, “With the close of this acquisition, Norvell will become an integral component of our specialized group, Sager Power Systems, and will continue its focus on power and value added services.” Mr. Flynn continued, “Sager Power Systems and our team of power sales specialists will leverage the value added capabilities of Norvell, offering our power supply customers robust design capabilities including mechanical enclosure, cable assembly, quick turn prototyping, and product safety testing and certifications.”



The purchase of Norvell, the 2014 acquisition of PowerGate LLC and the January 2015 launch of Sager Power Systems cements the foundation of Sager’s power strategy. With almost forty power systems sales engineers and inside sales specialists, and an engineering and production team sixteen deep, Sager Power Systems is a power-only national team of highly trained, technically experienced professionals working directly with customers offering a line card of world-class power manufacturers and a full complement of value added capabilities.



About Sager Electronics

Sager Electronics, a wholly owned subsidiary of TTI Inc., a Berkshire Hathaway Inc. company, is a North American distributor of Interconnect, Power and Electromechanical components from leading manufacturers worldwide. Grounded in over 125 years of innovation and service, Sager Electronics provides customers and suppliers a unique combination of operational excellence and innovative business solutions through its Distributing Confidence® business model. Headquartered in Middleborough, MA, Sager Electronics operates a national network of field sales representatives and strategically located service centers across North America. To learn more about Sager, visit www.sager.com.



Contact:



Maryellen Stack

Marketing Communications Manager

19 Leona Drive, Middleborough, MA 02346

tel 508-923-6678

fax 508-923-6878

mstack@sager.com

www.sager.com

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