Premier Farnell plc has agreed to sell BuckHickman InOne, a distributor of industrial tools and supplies, to The BSS Group plc for about & pound; 27 million.
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BuckHickman had sales of & pound; 99.8 million and operating losses before interest and tax of & pound; 0.8 million for the financial year ended Jan. 28, 2007.
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Premier Farnell is a global distributor of electronic components and industrial products to the design, maintenance and engineering sectors. It operates in 21 countries. Companies within Premier Farnell Group include Farnell, CPC, BuckHickman InOne,
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