Sager Electronics and Nichicon Sign Distribution Agreement

Sager Electronics and Nichicon Sign Distribution Agreement

SCHAUMBURG, IL. – December 20th, 2023 – Nichicon is pleased to announce its recent partnership with Sager Electronics, a prominent North American distributor specializing in Interconnect, Power, and Electromechanical products, as well as custom solutions. Nichicon Corporation, a renowned leader in electrical components, is recognized for its commitment to delivering high-quality products and pioneering technologies. We look forward to collaborating with Sager Electronics to bring our cutting-edge battery solutions to a broader audience.

“Nichicon provides a cutting-edge battery product that really enhances Sager’s growing battery offering. The SLB battery chemistry and form factor are one of a kind,” commented Megan Burnside, Supplier Marketing and Product Manager for Sager Electronics. “We’re excited by this new partnership, and look forward to significant growth opportunities for both Nichicon and Sager.”

“Watching Sager Electronics develop its strategy for battery technology, it became clear that the Nichicon offering would enhance the portfolio” remarked Craig Anderson, President of Nichicon America. “Together, we look forward to expanding our reach, and providing exceptional battery solutions that will help power the future.”

About Sager Electronics

Sager Electronics, a wholly owned subsidiary of TTI Inc., a Berkshire Hathaway Inc. company, is a North American distributor of Interconnect, Power, and Electromechanical products and custom solutions provider. Grounded in over 135 years of innovation and service, Sager Electronics provides customers and suppliers a unique combination of operational excellence and innovative business solutions through its Distributing Confidence® business model. Headquartered in Middleborough, MA, Sager Electronics operates a national network of field sales representatives and power systems sales engineers, strategically located service centers across North America, two distribution centers totaling over 207,000 sq. ft., and a 47,000 sq. ft. value-add Custom Solutions Center located in Lewisville, TX. To learn more about Sager, visit www.sager.com.

About Nichicon Corporation

Nichicon Corporation, established in 1950, specializes in electrical components and has grown into one of the world’s leading capacitor manufacturers, renowned for its high-quality products and innovative technologies. Recently, Nichicon introduced its first battery product, the new SLB battery. Nichicon’s SLB series are “Small Lithium Titanate Rechargeable Batteries” suitable for IoT and wearable applications which utilize lithium titanate (LTO) for the negative electrodes. SLB batteries are a new and innovative alternative to traditional power sources.