Infinet takes over Solectron Australian operations
- 27 March, 2008 11:59
The after-services subsidiary of logistics group Infinet, Service Solutions, has taken over Solectron's facility in Sydney following the US reverse logistics company's decision to withdraw from Australia.
Infinet provides information management, component repair and forward and reverse logistics throughout Asia-Pacific. Its customer list includes AWA, Bostik, HP, Howard Storage, IBM, Lenovo, Mitsubishi and Optima.
Infinet Service Solutions CEO, Brian Noone, said he approached Solectron to take over its office after hearing the multinational was pulling out of some of its smaller markets.
"Solectron has a similar business to us, though on a larger scale. This puts us in a position to work closely with Solectron as a non-exclusive partner," he said.
The contract was finalised on December 31. Noone said the office, which houses 50 staff, had now been rebranded and integrated fully with the Service Solutions team.
All staff have been retained in the acquisition, and Infinet is in the process of recruiting more personnel to generate business.
"We're seeing a lot of growth in the consumer electronic space, as new entrants with digital equipment with lower selling points want someone else to take care of the reverse logistics," Noone said.
Infinet has about 100 staff and is looking to grow business by taking over vendors in-house operations, Noone said. Infinet maintains facilities in Sydney, Melbourne and Perth and plans to open a dedicated notebook repair facility in Auckland in June.