Computacenter makes French purchase

15th Feb 2011 11:18

Computacenter has bought Paris-based IT reseller Top Info SAS for £17.6m (€21m). There is cash in the balance sheet and Computacenter will pay around £12.6m (€15m) to acquire that. A further £800,000 (€1m) could become payable depending on Top's performance in 2011. The business made a profit of €4.5m on revenue of €147.2m in 2010.The acquisition will add four new locations to Computacenter's French business. Customers include EDF, SNCF and Credit Agricole. The acquisition should be earnings enhancing.