INDIANAPOLIS, May 1, 2014 /PRNewswire/ -- Ingram Micro
Inc. (NYSE: IM) today announced it has acquired Global
Mobility Products, Inc. (GMP), a Canadian-based leading provider of
mobile reverse logistics, repair and asset recovery services. As
Ingram Micro Mobility further extends its reach into the Canadian
mobility market, the acquisition of GMP is expected to provide the
business with a superior, end-to-end forward and reverse logistics
value proposition, enhancing the company's ability to provide a
full suite of wireless device lifecycle services in Canada.
GMP's customers include Canada's largest mobile operators and
retailers, as well as leading manufacturers. GMP's high-touch
services include reverse logistics, asset recovery and repair
services for device refurbishing and reselling from contract
customers and the open market. The company also provides returns
management and creates adaptive programs to meet customer-specific
applications. Providing services at approximately 3,000 retail
locations through its recently acquired 46,000 square feet
state-of-the-art repair facility, GMP provides Ingram Micro
Mobility customers with added capabilities and value-added services
to supplement its already robust suite of offerings.
"This is a strong strategic fit, providing us with an immediate
corridor to a rapidly growing, high-value services market that
directly addresses the needs of mobility operators and retailers in
Canada's large and growing
mobility market," said Bashar Nejdawi, president, Ingram Micro
Mobility North America. "GMP's strong reputation, proven
track record, solid growth and profit profile make it an excellent
fit for Ingram Micro Mobility and are expected to help leverage our
existing infrastructure to offer the Canadian mobility industry a
broader array of streamlined logistics capabilities."
"Adding GMP's services offerings to our current Canadian
mobility operations is a complement to our growing business and we
believe the combination will drive new revenue opportunities, while
enabling our current mobility customers to be more efficient while
maximizing the value of every device," said Steve Roberts, executive director of Ingram
Micro Mobility Canada. "We look forward to welcoming the GMP team
to Ingram Micro Mobility."
Founded in 1995 and headquartered in Burlington, Ontario, GMP has approximately 150
employees and has established a strong Canadian presence, with
representation throughout the country in all provinces. GMP
will operate as a wholly owned subsidiary of Ingram Micro. Founding
principal John Gnocato will be
moving to other ventures. Operating principal Ryan Djordjevic will continue to lead the
company as a senior director, reporting directly to Nejdawi.
"We are excited to join forces with Ingram Micro Mobility and
confident our customers will see immediate benefits from this
collaboration," said Djordjevic. "Ingram Micro Mobility's
established mobility leadership and expertise in supply chain
services are a natural pairing with our operations, which we expect
will accelerate."
About Ingram Micro Inc.
Ingram Micro is the world's largest wholesale technology
distributor and a global leader in IT supply-chain and mobile
device lifecycle services. As a vital link in the technology value
chain, Ingram Micro creates sales and profitability opportunities
for vendors and resellers through unique marketing programs,
outsourced logistics and mobile solutions, technical support,
financial services and product aggregation and distribution. The
company is the only global broad-based IT distributor, serving
approximately 170 countries on six continents with the world's most
comprehensive portfolio of IT products and services. Visit
IngramMicro.com.
Ingram Micro Mobility is a leading provider of device lifecycle
services, including complete lifecycle capabilities from
warehousing to software loading, order and accounts receivable
management to end-user fulfillment, and reverse logistics,
including wireless device repair, refurbishment and recycling
services. Visit ingrammicro.com/mobility, on Twitter at
Twitter.com/IM_Mobility, LinkedIn at
LinkedIn.com/company/IngramMicroMobility or Facebook at
Facebook.com/IngramMicroMobility.
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SOURCE Ingram Micro Inc.