Davis Polk is advising Ingram Micro Inc. on its $6.0 billion all-cash acquisition by Tianjin Tianhai Investment Company, Ltd., a part of HNA Group. The transaction, which is expected to close in the second half of 2016, is subject to regulatory approvals in various jurisdictions, as well as the approval of Ingram Micro’s and Tianjin Tianhai’s stockholders and the satisfaction of other customary closing conditions.

Ingram Micro delivers a full spectrum of global technology and supply chain services to businesses around the world. Tianjin Tianhai focuses on investment in logistic market segments, supply chain investment and management based on upstream and downstream of the logistic industry, as well as financing service for the logistic industry. HNA Group is a conglomerate encompassing core divisions of aviation, holdings, capital, tourism and logistics.

The Davis Polk corporate team includes partners Alan F. Denenberg and Stephen Salmon and associates Jason Bassetti and Ingrid L. Perez. Partner Rachel D. Kleinberg is providing tax advice. Counsel Cynthia Akard is providing executive compensation advice. Partner John B. Reynolds III is providing regulatory advice. Partner Arthur J. Burke and counsel Mary K. Marks are providing antitrust and competition advice. Associate Michelle Gross is providing intellectual property and technology advice. Members of the Davis Polk team are based in the Northern California, New York and Washington DC offices.

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