Feeds

Two more CHS divisions hit the MBO trail

Ireland & Scandinavia go it alone

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

More management buy outs are taking place at CHS Electronics – this time in its Irish and Scandinavian subsidiaries. In a deal approved on Monday, a consortium from Romak Computers in Ireland, Santech Micro Group in Sweden, and CHS Electronics divisions in Denmark and Norway agreed to buy out the two divisions. The businesses will have their own autonomous management team, but will share a holding company based in Denmark. This will be called Santech Micro Group Holdings, a new private joint stock company. The Nordic businesses will take back their pre-CHS names - except Santech Micro Group and Romak Computers, which will keep their current titles. The contracts for the MBO are not expected to be finalised until December. Last week CHS Electronics named Burt Emmer as its interim CFO. Emmer replaced Craig Toll, and the company said it was looking for a permanent CFO. Earlier this month Karma UK announced an MBO from CHS Electronics. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.