Platinum Equity to Buy Ingram Micro in $7.2B Deal
As the world s largest distributor of technology logistics services and solutions, Ingram Micro had 2019 sales of more than $47 billion.
Dec 10th, 2020
iStock
LOS ANGELES and IRVINE, CA Platinum Equity announced Wednesday that it has entered into a definitive agreement to acquire Ingram Micro Inc., the world s largest provider of technology logistics services and solutions, from HNA Technology Co., Ltd, a part of HNA Group, in a transaction valued at $7.2 billion. The sale is expected to be completed by the first half of 2021, subject to HNA Technology shareholder and customary regulatory approvals.