RNS Number:6691E
Deltron Electronics PLC
01 November 2004


For immediate release                                           1 November 2004

                            DELTRON ELECTRONICS plc

                     ACQUISITION OF QUILLER ELECTRONICS LTD


Deltron Electronics plc (LSE : DET), the specialist European electromechanical
solutions provider, is pleased to announce the acquisition of Quiller Holdings
Limited ("Quiller"), the holding company of Quiller Electronics Ltd, a
specialist distributor of electromechanical components to the manufacturing
industry, for an aggregate consideration of approximately #3.1 million.

The consideration for the acquisition is being satisfied as to approximately
#2.5 million in cash on completion and as to approximately #276,000 through the
allotment, credited as fully paid, of 340,740 new ordinary shares in Deltron ("
the New Deltron Shares") at an issue price of 81 pence per share.  The New
Deltron Shares will be allotted to the vendors credited as fully paid and will
rank pari passu in all respects with the existing issued Deltron shares.
Application has been made to the UK Listing Authority and to the London Stock
Exchange for the New Deltron Shares to be admitted to the official list and to
trading on the London Stock Exchange's market for listed securities.  It is
expected that such admission will become effective on or before 5 November 2004.
  The remaining #250,000 of the consideration payable for Quiller is to be paid
in cash on agreement of completion accounts.  Net assets of approximately #1.3
million are projected as at completion, including approximately #0.9 million of
cash.

In the year ended 31 December 2003, Quiller, which was founded in 1991, recorded
group turnover of approximately #4.2 million and profit before interest and tax
of approximately #246,000 with strong 32% gross margins. Since its formation,
Quiller has extended its product range to represent a comprehensive selection of
international component manufacturers, a number of which have exclusivity in the
UK.  Quiller brings with it a number of new UK franchises including additional
products for the aviation and security markets.  Introduction of these products
into the Deltron European distribution network is likely over the medium term.

The acquisition of Quiller will be earnings enhancing in the current financial
year.

Christopher Sawyer, Chief Executive Officer of Deltron, said:

"I am delighted with this acquisition which I believe will give Deltron a
stronger market position in the UK and fortify the Company's position as a
leading European provider to the electronic components market.  In addition to
its strong historic financial performance Quiller provides Deltron with an
increased UK customer base and range of products, new revenue opportunities and
combines mutually beneficial skill sets.  We look forward to the successful
integration of Quiller into the enlarged Deltron Group."

Deltron will report its preliminary results on 9 December 2004.


For more information please contact:

 Deltron Electronics plc
 Christopher Sawyer, Chief Executive Officer                    01638 561156

 Buchanan Communications
 Tim Anderson or Mary-Jane Johnson                              020 7466 5000


Notes to Editors

About Deltron

The Deltron Group is a leading European, value-added electromechanical component
distributor providing specialist design-in sales and marketing services for
international suppliers of electronic components.  Deltron's value-added
approach and geographical coverage provides specialist knowledge and support to
customers on a pan-European basis.  These services are supported by dedicated
in-house manufacturing.

Design-in is the process by which Deltron's sales engineers work with customers
and suppliers to provide solutions which meet the specific technical and
performance needs of the customers.

Deltron is fully quoted on the London Stock Exchange and has operating companies
in the UK, Ireland, Netherlands, Austria, Germany, France, Italy, Sweden, Norway
and Denmark.


About Quiller
For further information please go to http://www.quiller.com


For further information contact:

Deltron Electronics plc, Suffolk House, Fordham Road, Newmarket, Suffolk,
CB8 7AA.   Tel: 01638 561156   Fax: 01638 661455


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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