Press Release: TNG Acquires Ingram Periodicals LLC's Magazine Sales and Distribution Business
TNG GP (TNG) is pleased to announce the acquisition of Ingram Periodicals LLC’s magazine sales and distribution business effective May 1, 2017. TNG is excited to begin working with Ingram’s strong base of magazine retail, wholesale and publisher customers, maintaining the high level of service these industry participants have come to expect.
TNG and Ingram are committed to ensuring a smooth transition of Ingram’s magazine business to TNG. Both companies have agreed to a Transition Service Agreement (TSA) until customers are properly transitioned. During this time, delivery will continue through Ingram’s current distribution centers in California, Tennessee, and Pennsylvania, while TNG begins the transition of the invoicing/accounting functions.
With this acquisition TNG will expand its title availability, particularly international editions, and increase offerings to existing TNG customers. This will also expand TNG’s ability to offer 3PL services for a broad array of magazine publishing companies and distributors. The addition of Ingram’s model provides a wide range of magazine fulfillment distribution services direct to market and direct to home on behalf of the retail customer.
“Ingram is a well-respected organization servicing the needs of its clients,” said TNG President David Parry. “Their magazine delivery methodology is considerably different than TNG’s current model and this acquisition will position our company to meet the service needs of an ever-changing market place.”
“Ingram Content Group has invested in people, strategies, technology and services to help content reach its destination,” said Shawn Everson, Chief Commercial Officer at Ingram Content Group. “TNG is well positioned to serve these customers, and we’re looking forward to their continued success in the magazine industry.”
“TNG’s long term commitment to quality service for the periodical business; has led us to making this important acquisition that will lead to a more sustainable periodical delivery model for years to come,” said David Parry. “We look forward to working alongside and learning from the many great Ingram employees in the near future.”
Headquartered in Smyrna, Georgia and with over 14,000 employees TNG operates in all 50 states in the U.S., providing an array of services and products to retailers, CPG companies and manufactures. TNG is North America’s largest and most trusted supplier of periodicals with over 100 years of experience in the industry. TNG is also a rapidly growing supplier of general merchandise products as well as providing merchandising and logistics services throughout the U.S. TNG is proud to be a member of The Jim Pattison Group. Headquartered in Vancouver, BC, Canada, The Jim Pattison Group is a diversified group of operating businesses that enjoy strong and positive market reputations, with most occupying leadership status within their respective industries. For more information please visit www.tng.com, and www.jimpattison.com.
Ingram Content Group (“Ingram”) is comprised of several subsidiaries to Nashville-based Ingram Industries Inc. Ingram includes a comprehensive suite of publishing industry services companies that offer numerous solutions, including physical book distribution, print-on-demand and digital services. Committed to the success of its partners, Ingram works closely with publishers, retailers, librarians and schools around the world to provide them with the right products and services to help them succeed in the dynamic and increasingly complex world of content publishing and distribution. Ingram's operating units are Ingram Book Group LLC, Lightning Source LLC, VitalSource Technologies LLC, Ingram Periodicals LLC, Ingram International LLC, Ingram Library Services LLC, Spring Arbor Distributors LLC, Ingram Publisher Services LLC, Tennessee Book Company LLC, and ICG Ventures LLC. Learn more about Ingram Content Group at www.ingramcontent.com