Datrontech sells loss maker ICP
Tough times
Posted in Business, 30th October 2000 14:26 GMT
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Datrontech has sold its loss making Dutch subsidiary ICP to JWP Valk Orthondontie BV for NG1 (£0.26).
JWP has taken on £3.2 million of ICP's debt.
Datrontech acquired ICP, the Dutch-owned components distributor for £7.9 million in 1997. The deal meant the Basingstoke-based distie gained a logistics and PC assembly facility in Holland, a buying office in Taiwan, satellite sales offices in the UK and Belgium, and new storage franchises. ®
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