Computacenter snaps up RD Trading
Datrontech sells recycling business - time to scale down?
As predicted by The Register three weeks ago, Computacenter has bought Datrontech's PC recycling business, RD Trading, for £1.9 million cash. Datrontech Group has been trying to offload the Wytham, Essex-based facility for some time, and last December announced it was scrapping the subsidiary's PC assembly business. "RDT is now peripheral to our core strategy of increasing the penetration of our networking businesses in the SME sector. In Eastern Europe our objective is to ensure that the region is stabilised by year end," said Mark Mulford, Datrontech Group CEO. The Group also said it had made Allan Mack COO with immediate effect. Last month Datrontech warned that pre-tax profit would only reach half of market expectations for its first half year. RDT recycles, re-markets and disposes of redundant IT kit. For the year ended 4 January 1999, RDT reported a pre-tax profit of £100,000 on sales of £6,112,000. Net assets on 4 January 1999 were £363,000. In the wake of the RD deal, all eyes will be on other parts of the Datrontech Empire watching for more disposals. ®