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The merger will allow each to capitalize on the strengths of the other while minimizing their weaknesses.
In 1978, Shang-wa Electronics, a small Korean manufacturer of capacitors, entered into an exclusive United States distribution contract with Bernard Lester, who then officially founded Lester Electronics, Inc (LEI). LEI grew rapidly as Lester added additional components to its product line, and made inroads with two large domestic manufacturers that use capacitors in both consumer and industrial products.
As a consumer and industrial electronics master distributor, Lester markets its products to small and medium sized original equipment manufacturers (OEMs), repair facilities and small local distributors throughout the Americas and Europe...
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