Ingram Micro bags CEE division of RRC Group

Ingram Micro has bagged the Central and Eastern Europe (CEE) division of RRC Group, a distributor in CEE and CIS countries.

RRC CEE Division, with its headquarters in Poland, Warsaw, brings a suite of service offerings including logistics, education and technical and marketing support, as well as a portfolio of solutions focused on networking, security, IT infrastructure and auto identification products and services from technology partners including Cisco, IBM, EMC, Zebra and Avaya.

With operations in Poland, Hungary, Serbia, Romania, Czech Republic, Croatia, Slovenia, Macedonia and Albania the acquisition will significantly increase Ingram Micro's presence in the region and is expected to contribute more than $250m in annual revenue.

The transaction, which is subject to customary regulatory and other closing conditions, is expected to close in the first half of 2016.

Ingram Micro CEO Alain Monié commented: "The addition of RRC is well aligned with Ingram Micro's global strategy to broaden our reach into higher margin, value-add and services businesses.

"In addition to bolstering our European portfolio of value solutions, we expect to leverage RRC's established brand in Central and Eastern Europe to increase revenue and profitability throughout this strategic territory, which has been a focus of expansion for Ingram Micro."

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