HARTING and TTI: Strategic Partnership Now Extended to Asia

Summary

ESPELKAMP - Nov. 14, 2024 - After the USA and Europe, Asia is to follow suit: the HARTING Technology Group, one of the world's leading manufacturers of industrial connection technology, and TTI, a leading specialty distributor of electronic components and a preferred distributor for manufacturers in the industrial, defence, aerospace, transportation, medical and communications markets, are once again expanding their authorized distribution partnership.

With the signing of the contract at electronica 2024, the cooperation between HARTING and TTI is now to be extended to the Asian region. This decision is based on the successful collaboration in the US and Europe.

"This strategic move will strengthen our position in key industry segments and expand the availability of our products throughout Asia," explained Edgar Peter Düning, managing director for HARTING's Electric, Electronics and Customized Solutions divisions. "We have to meet the changing requirements of our customers in an increasingly interconnected industrial world. TTI's proven distribution model and broad customer access provide the ideal foundation for mutual growth."

Kingsley Wong, president of TTI Asia, emphasized: "The integration of HARTING products into our range and their provision to our sales and engineering teams will offer our customers more choice and flexibility in the development of their designs. We look forward to our future partnership and to developing new business opportunities for mutual growth in Asia."

About HARTING

The HARTING Technology Group is a leading global provider of industrial connectivity. Around 6,200 employees are active across the globe in 43 sales companies, 14 production facilities and six development sites. HARTING connectivity solutions are used to transmit "data, signals and power" in numerous industrial sectors. Among others, in transportation, electromobility, renewable energy production, automation and mechanical engineering. In the 2022/23 business year the family owned and managed company generated sales of EUR 1,036 million.
 

About TTI

TTI, Inc., a Berkshire Hathaway company, is an authorized, specialty distributor of electronic components. Founded in 1971, the emphasis on a broad and deep product portfolio, available-to-sell inventory and sophisticated supply chain programs has established TTI as a distributor of choice to manufacturers in the industrial, defense, aerospace, transportation, medical and communications sectors worldwide. TTI and its wholly owned subsidiaries, the TTI Family of Specialists, TTI IP&E, Mouser Electronics, Sager Electronics and the Exponential Technology Group employ over 9,000 people in more than 136 locations throughout the Americas, Europe, Asia and Africa. Globally, TTI maintains over 3 million square feet of dedicated warehouse space in 30 distribution centers.