Centerprise rescues CFL Computer Systems from liquidation
Phoenix from ashes
Posted in Financial News, 18th April 2005 16:32 GMT
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Centerprise International, the UK PC builder, has rescued South Wales integrator CFL Computer Systems from liquidation. Falling profit margins forced CFL, which had a turnover of £4.25m and employed 27 people at its peak, into liquidation in March according to local reports. Centerprise has taken over the company's assets and re-employed eight of its remaining 12 staff, the reports said.
The deal will allow Centerprise to increase its business in the principality and expand into the education market. CFL is the only indigenous South Wales PC manufacturing company to hold Becta accreditation. Centerprise recently opened at plant in Caerphilly. ®
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