Another acquisition for Ingram Micro
Turkey: American broadliner Ingram Micro has acquired a majority interest in network and security VAD Armada, one of the main local distributors. Ingram Micro plans to make a mandatory tender offer for the remaining shares in accordance with Turkish capital markets regulations. "The addition of Armada is well aligned with our strategic initiatives to grow Ingram Micro's value business in attractive markets," said Ali Baghdadi, Ingram Micro senior vice president and president, Middle East, Turkey and Africa, Technology Solutions. "Armada enhances our access and reach into Turkey's fast growing technology industry while increasing the overall scale and breadth of value-added solutions Ingram Micro brings to our global partners.". The acquisition of Armada will help Ingram Micro strengthen its marketshare in the country, where it owns local broadliner Aptec, following its acquisition of the Dubai-based distributor.
Ingram Micro invests in repair and refurbishment
France: broadliner Ingram Micro has unveiled plans to acquire ANOVO, a specialist in after-sales support and supply chain management services. ANOVO is present in eleven countries, including Belgium, Chile, China, Colombia, Germany, Peru, Poland, Spain, Switzerland and the United Kingdom. Upon completion, this acquisition will further expand Ingram Micro's position as a major global provider of device lifecycle services, while also further strengthening the company's relationship with many of the world's largest telecom operators and OEMs. Upon completion of the acquisition, which is expected in early 2015, ANOVO is anticipated to contribute in excess of €225m in annual revenue and be modestly accretive to Ingram Micro's non-GAAP diluted earnings per share. The acquisition is subject to customary closing conditions, including consultation of the ANOVO works council and approval of the EU competition authorities. Both companies continue to operate as separate entities. Further details were not disclosed. Francois Lacombe, CEO of ANOVO, will continue to lead the company and report directly to Shailendra Gupta, president at Ingram Micro Mobility.
Ingram Micro DC/POS loses its head
France: Alain Lecuivre, who was the founder of Eurequat in 1994 and, since its acquisition by Ingram Micro in 2008, the director of Ingram Micro DC/POS, has announced his departure from the distributor by the end of the year. No successor has been yet appointed, nor had Alain unveiled his future professional plans. When it was acquired, Eurequat had subsidiaries in Portugal and Spain (both acquired by Ingram Micro) as well as in Algeria, still independant to date.
CognitiveTPG expands European market with Ingram Micro
CognitiveTPG, a POS print vendor, has finalized its distribution strategy in the European market by naming Ingram Micro Pan Europe its preferred distributor. Ingram Micro has DC/POS sales offices in Austria, Belgium, Denmark, Finland, France, Germany, Israel, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom, as well as sales agents throughout Eastern Europe and in Russia.
Ingram Micro expands professional services offerings through Rollouts acquisition
American broadliner Ingram Micro has acquired Rollouts, an IT services company specializing in providing on-demand field technicians and rapidly-deployable workforces to businesses and IT solution providers throughout the United States and Canada. Rollouts' national technicians network, experienced project management team and extensive online project tracking tool are expected to immediately enhance the high-value portfolio of professional services now available to Ingram Micro channel partners. As an integral part of Ingram Micro Professional Services, Rollouts will build upon its specialization within key vertical markets including retail, healthcare, finance, education and the public sector, to empower Ingram Micro channel partners with the technical expertise and field-deployable resources needed to realize the promise of technology. Rollouts' current CEO Mark Webster will lead the services practice as director, North America Deployment Services, reporting to Greg Richey, director, Professional Services for Ingram Micro.