London, UK, 2 October 2017 – Electrocomponents plc (LSE:ECM), the global distributor for engineers, has moved its global head office to London as part of its strategy to ensure the continued growth and success of the business. The new premises located at Two Pancras Square consolidates the company’s headquarters and existing London-based digital operations into a single head office and digital hub.
The new head office places Electrocomponents at the heart of digital innovation in London, enabling the business to further extend its leadership in digital. Pancras Square is part of a new thriving development at the gateway to King’s Cross and houses Google, YouTube, and Universal Music UK. The location and improved facilities will enable the company to attract and retain key talent to continue to transform its performance. The location also offers excellent transport links for international colleagues and visitors, and for staff based at the company’s RS UK site in Corby.
Lindsley Ruth, CEO of Electrocomponents, commented: “With big ambitions for growth, it’s vital that we develop the right culture and reputation to become first choice for our customers, suppliers and employees. Using the strong momentum we’ve gained, we are driving more innovation into the business to address our changing market. Our new London office will help us to ensure that we are synonymous with innovation and creativity.”
About Electrocomponents plc
Electrocomponents plc is the global distributor for engineers. With operations in 32 countries, we offer more than 500,000 products through the internet, catalogues and at trade counters to over one million customers, shipping around 50,000 parcels a day. Our products, sourced from 2,500 leading suppliers, include electronic components, electrical, automation and control, and test and measurement equipment, and engineering tools and consumables.
RS Components and Allied Electronics are the trading brands of Electrocomponents. The Group is listed on the London Stock Exchange and in the last financial year ended 31 March 2017 had revenues of £1.51bn.
For more information, please visit the website at www.electrocomponents.com.