Irvine-based Ingram Micro Inc. will buy two ecommerce fulfillment divisions of Netherlands-based DocData BV for $175 million.
Ingram said the buy would add at least $150 million in annual revenue. The divisions process 125,000 to 250,000 transactions a day for companies in the Netherlands, United Kingdom and Germany.
Chief Executive Alain Monie said the acquisitions complement “existing commerce and fulfillment offerings [and] leverage Ingram Micro’s broad geographic reach.”
The world’s largest technology products distributor in June 2014 began a “global branding initiative” and in the last year has bought companies in France, Turkey, Saudi Arabia, Portugal, the United Kingdom, Peru and Chile.
Shareholders representing 64% of DocData’s ownership have agreed to approve the transaction at a special meeting, which is expected to take place by the end of the year.
Ingram Micro had revenue last year of about $46 billion and a recent market cap of about $4.4 billion.
