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Ingram wins GE Cap supply contract

Buys ITS division as part of the deal

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Ingram Micro has won the contract to distribute IT kit to GE Capital's VAR arm in the UK. As part of the deal, Ingram has also agreed to buy GE's Information Technology Services (ITS) warehouse and configuration centre in Rossendale, Lancashire, sources told The Register. A representative of GE Capital confirmed the contract was being signed and the two companies were working together on details of the deal. Ingram was unable to comment, but sources said the agreement was expected to be announced tomorrow. The Rossendale centre, previously P&P offices, currently has around 300 staff. In November, GE Capital revealed plans for its UK business to quit distribution and concentrate on value added services. GE Capital bought P&P from Skillgroup in January 1998 for £11 million, taking on its £15 million debt. ®

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