Conrad continues partnership with Panasonic to sell passive components

<p>Conrad Business Supplies has decided to continue its partnership with Panasonic Automotive &amp; Industrial Systems Europe GmbH (PAISEU) to sell the latter&rsquo;s passive components. For this, Conrad has signed a direct sales partnership deal targeting automotive, industrial, IoT and R&amp;D markets.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/PAISEU%20signs%20deal%20with%20Conrad.jpg" alt="news" width="448" height="308" /></p> <p>Panasonic Automotive &amp; Industrial Systems Europe GmbH (PAISEU) manufactures a wide range of electrolyte and polymer aluminium capacitors, resistors and inductors for industrial, automotive and home entertainment sectors.</p> <p>PAISEU product and sales director Maximilian Jakob said, &ldquo;In Conrad we are delighted to have found a partner which is eager to invest, and brings to the table both product-specific expertise and a customer base which is a good match for our focus markets, namely automotive, industrial, IoT and research &amp; development.&rdquo;</p> <p>{googleAdsense}</p> <p>&ldquo;We expect that this will give us access to new markets, customers and designs, and we look forward to a long and fruitful partnership. The ambitious growth targets of our two companies are a perfect fit.&rdquo;</p> <p>Peter M&uuml;ller, head of product group for Conrad, said that they are now planning to develop this further in the passive components area too.</p>