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Computacenter and GE Capital swap euro ops

In one country, out of another

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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. ®

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