Giant US-based distributor Ingram Micro has acquired Tech Data's majority interest in German distributor Macrotron for $US100 million.
The new German company will be called Ingram Macrotron, according to a statement from Ingram Micro.
The move follows Tech Data's pending acquisition of German distributor Computer 2000 AG, announced in April. Tech Data has agreed to purchase 80 per cent of Computer 2000 from parent company, Klockner & Co, which is in turn a subsidiary of Munich-based conglomerate Viag AG. The deal is to be completed by June 30.
The Macrotron agreement is expected to be completed on July 31, pending regulatory approval and the completion of Tech Data's acquisition of Computer 2000, the companies said.
Macrotron, which serves resellers in Germany, Switzerland and Austria, is Tech Data's only significant market overlap with Munich-based Computer 2000, according to Tech Data, which acquired its majority interest in the company in July 1997.
Ingram Micro secured a 21 per cent stake of Electronic Resources Australia in November last year.