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SCC buys Lantec division from Elcom

Updated: ETC to merge with Elite

Specialist Computer Centre (SCC) has bought part of Elcom International's UK reseller business. The sale of the subsidiary, formerly known as Lantec, is understood to have boosted the anticipated reseller sales of SCC's parent, Specialist Computer Holdings, to £700 million. According to a report in Microscope magazine, SCH chairman Peter Rigby said about 300 staff would be moved to the Birmingham-based group. Peter Rigby, SCC chairman and chief executive, said: "Whilst SCC is the UK's second largest reseller, our perceived strength has been in the Midlands and the North, Elcom's blue chip customer base and technical and services capabilities are predominantly southern based. Its culture, people, skills and logistics are a perfect match to build and extend our added value services offerings in the home counties." SCH's distribution arm, ETC, will also merge with Elcom's UK distributor Elite. Industry analyst Richard Holway told The Register the deal made sense. "From everything that I've heard, the acquisition seems to fit them like a glove." "SCH lost its way a little bit by moving into retail. It should have stuck to the main reseller business of selling into the corporate market, like Computacenter. "But today's move should take them back to where they belong, back at the top of the league," he said. The handover will take place on 31 July. No figures were released for the sale. The £700 million revenues would place SCH second only to Computacenter. ®

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