Science

PEI-Genesis establishes plant in Germany

Faced with Brexit, PEI-Genesis, a specialist in connectors for harsh environments, decided to open a European subsidiary in Germany. This solution will allow its customers to reduce costs, in particular on transport costs and VAT. However, electronic components will still be shipped from the company’s warehouse in Southampton.

“We have created a German legal entity so that our European clients can save money, especially in Germany,” said Jonathan Parry, Senior Vice President and COO of PEI-Genesis Europe. “This German legal entity will allow our customers to deal directly with our local branch, which includes the payment of VAT. However, we will continue to ship from our warehouse in Southampton, UK.”

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