1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. California >
  6. HNA Group Co. Acquires Ingram Micro

Add-on Acquisition • Distribution

HNA Group Co. Acquires Ingram Micro

On February 17, 2016, HNA Group Co. acquired distribution company Ingram Micro for 6.0B USD

Acquisition Context
  • This is HNA Group Co.’s 1st transaction in the Distribution sector.
  • This is HNA Group Co.’s largest (disclosed) transaction.
  • This is HNA Group Co.’s 1st transaction in the United States.
  • This is HNA Group Co.’s 1st transaction in California.
Investment Fate
  • Ingram Micro was divested to a consortium of buyers in 2020 for 7.2B USD.
  • Ingram Micro went public in 2024.

Explore All 3954 Add-on Acquisition Distribution Deals - Search the Database Free


M&A Deal Summary
Date February 17, 2016
Target Ingram Micro
Sector Distribution
Buyer(s) HNA Group Co.
Deal Type Add-on Acquisition
Deal Value 6.0B USD
Advisor(s) Morgan Stanley (Financial)
Davis Polk & Wardwell (Legal)

Target Company

Ingram Micro

Irvine, California, United States
Entrance to Ingram Micro's corporate headquarters in Irvine, California.
Entrance to Ingram Micro's corporate headquarters in Irvine, California.
Ingram Micro is a wholesale technology distributor and a global provider of IT supply-chain, mobile device lifecycle services, and logistics solutions. Ingram Micro distributes and markets a large variety of technology and mobility products from companies such as Acer, Apple, Cisco, Citrix, Hewlett-Packard, IBM, Lenovo, Microsoft, Samsung, Symantec, VMware, and others. Ingram Micro was founded in 1979 and is based in Irvine, California.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

HNA Group Co.

Haikou, China
Category Company
Founded 2000
Sector Diversified
Employees180,000
Revenue 25.0B USD (2014)
DESCRIPTION

HNA Group Co. Ltd. is a conglomerate encompassing core divisions of aviation, holdings, capital, tourism and logistics.

Deal Context for Buyer #
Overall 2 of 5
Sector: Distribution 1 of 1
Type: Add-on Acquisition 2 of 4
State: California 1 of 1
Country: United States 1 of 2
Year: 2016 1 of 4
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-30 Swissport International AG

Opfikon, Switzerland

Swissport International Ltd. provides ground services for around 224 million passengers and handles 4.1 million tonnes of cargo a year on behalf of some 700 client-companies in the aviation sector.

Buy Fr.2.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-11 gategroup

Zurich, Switzerland

gategroup is an independent provider of products, services, and solutions related to a passenger’s onboard experience. gategroup specializes in catering and hospitality, provisioning and logistics; and onboard products and services to companies that serve people on the move. gategroup was formed in 2008 and is based in Zurich, Switzerland.

Buy Fr.1.4B

Explore Related M&A Activity

Distribution M&A - Add-on Acquisition M&A Deals - California M&A - United States M&A - 2016 M&A

Mergr

Solution for

Product

Company

Legal