Ingram Micro promotes Herbert Hufsky
Almost two years after having been appointed to Executive Director EMEA Logistics, Herbert Hufsky has been promoted to Vice President Warehouse Operations Europe by broadliner Ingram Micro. This appointment is a part of the global reorganization of the distributor, following the acquisition of telephony specialist Brightpoint. As a part of his new job, Herbert Hufsky will supervise the integration of the logistics of both structures at the European level, meaning the reorganization of 24 logistic centers, 1600 employees serving up to 40000 customers every day.
Tech Data distributes Toshiba POS
France: broadliner Tech Data has expanded its partnership with Toshiba to its Toshiba TEC POS-related lines of products. Tech Data joins Ingram Micro DC/POS division , which focuses on Toshiba barcode printers, and Apsydoc , which is consider by Toshiba TEC as a reseller but seemingly acts as a distributor.
Ingram Micro broadens geographic reach into MENA Market
MENA: American broadliner Ingram Micro has broadened its geographic reach into the Middle East and North Africa with the signing of a definitive agreement to acquire certain IT businesses of broadliner Aptec, which is present through subsidiaries in Dubai, Egypt, Kuwait, Lebanon, Pakistan, Saudi Arabia and Turkey. The acquisition is expected to contribute about €195m in revenue to Ingram Micro on an annual basis and is expected to close before the end of the third quarter of 2012, subject to the satisfaction of certain closing conditions. Dr. Ali Baghdadi, founder and chief executive officer of Aptec, will lead the acquired operations reporting to Shailendra Gupta, senior executive vice president and president, Ingram Micro Asia-Pacific. Further details of the transaction were not disclosed. The company's regional geographical coverage and extensive customer base are staffed by approximately 350 associates serving over 3800 active resellers.
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Edit: The amount paid by Ingram Micro for the acquisition of Aptec is about €14m in cash. The transaction excluded initially Aptec offices in Saudi Arabia and Turkey, which are subject to separate negociations, to be closed by the beginning of 2013.
Ingram Micro DC/POS Academy launches Motorola Authorised Training Center (ATC)
Ingram Micro DC/POS division is now able to train directly its resellers, so that they acquire a Motorola partner status. As an official Motorola Authorized Training Center (ATC), Ingram Micro now trains and certifies resellers on Motorola Solutions products in five languages (English, French, German, Hebrew and Spanish) and in the 15 countries where it is present (Austria, Belgium, Denmark, Finland, France, Germany, Israel, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom). Ingram Micro is the first distributor allowed by Motorola to train itself resellers.
Ingram Micro completes acquisition of BrightPoint
Broadliner Ingram Micro has completed its acquisition of telephony specialist Brightpoint for €7 per share in cash. The addition complements Ingram Micro's position on the telephony market, where the distributor entered a few years ago. Beside a broader customer reach and relationships with more vendors, network operators and MVNOs, the combined company will gain an expanded global geographic footprint and customer base. In the EMEA region, this acquisition should mean the entry (or reentry) of Ingram Micro in Denmark, Finland, Norway, Poland, Portugal, Slovakia and South Africa, while the distributor will have to deal with local teams and potential layouts in Austria, Belgium, Dubai (where the distributor recently acquired Aptec), Germany, India, the Netherlands, Spain, Sweden, Switzerland and the United Kingdom. Until now, the distributor has been very discreet about its precise plans, country by country, and we do not know yet if any office may be dropped altogether, or sold to its management, except for Scandinavia, where the local CEO Derrick Wood confirmed plans to reexpand in the whole region: Ingram chose to retreat to Sweden 2 years ago, and closed all its offices in Denmark, Finland and Norway, except for its local DC-POS businesses.
The companies' combined businesses, as of the end of each company's 2011 fiscal year, had annual revenues of more than €32 billion, with operations in more than 30 countries. Ingram Micro expects to realize annual cost synergies and efficiencies in excess of €43 million by 2014, and the acquisition is expected to be accretive to earnings per share by 14 eurocents in 2013 and 27 eurocents in 2014, excluding one-time charges and integration costs. BrightPoint, an Ingram Micro company, will initially be led by Shailendra Gupta, Ingram Micro senior executive vice president and president Asia-Pacific. Gupta, who led the seven country integration of Ingram Micro's acquisition of Tech Pacific in 2004, the company's largest acquisition prior to BrightPoint, will also head the BrightPoint integration efforts. He will be assisted by a team consisting of individuals from each organization, including the following members of BrightPoint's former senior management team who have taken similar senior leadership roles with Ingram Micro reporting to Gupta: Mark Howell, President, Americas Mobile; Bruce Thomlinson, President, Asia-Pacific Mobile; and Anurag Gupta, President, EMEA Mobile. Vincent Donargo, formerly BrightPoint chief financial officer, has assumed the role of executive vice president global integration and will also report to Gupta. Bob Laikin, former chairman and CEO of BrightPoint, will serve in a senior advisory role to Monie.