24 July 2007 — Buenos Aires (ARG): Ingram Micro has officially re-entered the Argentinean IT market by opening an office in Buenos Aires.
The company says that it has already assembled its core management team and expects to complete the full team of 35 employees by the end of the year. Henry Green has been named managing director, Carlos Porta as director of operations and purchasing, Marcelo Lo Prete as CFO, and Marcelo Figola as controller. Pablo Suarez, managing director of Ingram’s Miami Export Division, will oversee all operations in Argentina.
Alain Maquet, president of Ingram Micro Latin America, said: "Following a thorough analysis of the Latin American market, and at a time when the IT market is thriving, we feel the time is right for Ingram Micro to be in Argentina. We will be the only global distributor in the country and believe this unique position will allow us to bring best-in-class service to all customers and vendors doing business in Argentina."
The return to Argentina follows a five-year absence. The company originally began business in the country in 1999 but left the market during its third year of operations in 2002.
Maquet added: "Having been in Argentina in the past really presents a number of advantages for us. We have a unique opportunity to re-enter the country with lower costs and risks than usual for a business start-up due to our existing infrastructure and extensive in-house experience and expertise in the market. Plus, we’ve learned from our earlier experience there."