Ingram Micro Buys Assets
Computer products distributor Ingram Micro Inc. said Monday that it has acquired some assets of Belgium’s Zaventem Electronic Dealer Distribution, or ZEDD. It is the Santa Ana company’s third European acquisition and is part of Ingram Micro’s plan to become the largest microcomputer products distributor in Europe.
Terms of the acquisition were not disclosed. Ingram Micro said it acquired ZEDD’s customer list, much of its inventory and its fixed assets, accounts receivables and major vendor contracts, including the right to distribute a range of Hewlett-Packard products. The physical assets have been transferred to Ingram Micro Belgium.
Ingram Micro Inc. distributes 16,000 products from more than 750 of the world’s leading hardware and software companies. It sells to 60,000 retail customers in 65 countries and has distribution operations in Canada, the United Kingdom, Belgium, France, the Netherlands, Germany, Italy and Mexico. The company reported 1992 sales of $2.7 billion.