Distributor looks to boost fulfillment business with retailers, e-commerce Ingram Micro is moving strongly into fulfilment and e-commerce, buying Dutch DOCdata Nederland B.V. and DOCdata International B.V. ("Docdata"), the e-commerce fulfillment business of publically-traded, Netherlands-based, DOCDATA N.V. for approximately €160m.
Docdata will operate as a wholly owned subsidiary of Ingram Micro. Docdata CEO Michiel Alting von Geusau will continue to lead the company, reporting directly to Ken Beyer, Ingram Micro executive vice president commerce and fulfillment solutions. In addition to customary regulatory and other closing conditions, the transaction requires approval of a majority of outstanding shares at a special meeting of DOCDATA N.V. shareholders, which is expected to take place toward the end of the 2015 fourth quarter.
Docdata provides order fulfilment, returns logistics and online payment services, providing critical commerce solutions to major retailers, brands and start-ups, currently working with between 125,000 and 250,000 orders on a daily basis, with major operations in Germany, Netherlands and the United Kingdom. The company is expected to contribute in excess of $150m in annual services revenue to Ingram Micro.
Ingram Micro CEO Alain Monié (above) says: "Adding Docdata's broad-based suite of commerce solutions to our existing portfolio of global services will bring critical mass to our commerce and fulfillment solutions business in Europe. Docdata is a well-established e-commerce fulfillment company and is highly respected by brands and retailers for its ability to deliver a timely and cost-effective buyer experience. Docdata's solutions are an excellent complement to our existing commerce and fulfillment offerings, including our rapidly expanding Shipwire service delivery platform. This acquisition is fully aligned with our strategic objective to leverage Ingram Micro's broad geographic reach and world class vendor and customer relationships, and we expect to accelerate Docdata's ability to drive rapid expansion of its services offerings across the continent and beyond."
Ingram's Q3 will be reported in two week's time.