Computacenter and GE Capital swap euro ops
In one country, out of another
Computacenter is buying the UK and French businesses of rival GE Capital IT Solutions. In return GE Capital is buying Computacenter's German business.
GE Capital's UK business cost £1,357,643 in cash. The French operation was a snip at £738,657.
Computacenter's German business was sold for £177,773. Computacenter said the operation was too small to compete, and expects to take an exceptional charge of £9.6 million at year end for the sell-off.
The two resellers have also formed a 'strategic alliance' to compete for business in 50 countries. ®