SANTA ANA, Calif., June 11 /PRNewswire/ -- Ingram Micro, Inc., the world's leading wholesale distributor of technology products and services, today announced the completion of its transaction to acquire the assembly facilities of Tulip Computer N.V. in 's-Hertogenbosch, The Netherlands.
An agreement in principle between Ingram Micro and Koninklijke Begemann Group N.V. regarding the transaction was announced on May 19, 1998. The acquisition was contingent upon the successful purchase of Tulip by The Begemann Group, required approvals and other conditions.
The nine-month old state-of-the art plant is fully operational, with staff and equipment in place. The Netherlands facilities provide the strategic hub for Ingram Micro's pan-European integration center. This opening represents the second of five planned global integration centers supporting the company's Frameworks(TM) Total Integration Services initiative for channel assembly. The first integration center opened on March 11, 1998 in Memphis, Tenn.
About Ingram Micro Inc.
Ingram Micro Inc. (NYSE:IM)
, headquartered in Santa Ana, Calif., is the world's leading wholesale distributor of technology products and services, and a leading provider of assembly and integration services, with 1997 sales of more than $16.5 billion. The company and its affiliates operate in 31 countries, distributing more than 145,000 products to more than 100,000 resellers in 120 countries. Ingram Micro can be found at http://www.ingrammicro.com/.
Ingram Micro is a trademark used under license by Ingram Micro Inc. All other logos, brand names and product names are trademarks of their respective companies.
Source: Ingram Micro, Inc.
Contact: Kirsten Frosh of Ingram Micro Inc. Media Relations,
714-382-2727, kirsten.frosh@ingrammicro.com
Website: http://www.ingrammicro.com/