In a major expansion into the European market, which has proved somewhat problematic for the Rosemont, Illinois computer leasing king, Comdisco Inc has signed to acquire the computer leasing business of Promodata SA, one of France’s biggest computer leasing firms, from Banque Indosuez. Terms of the agreement were not disclosed. Paris-based Promodata operates throughout France […]
In a major expansion into the European market, which has proved somewhat problematic for the Rosemont, Illinois computer leasing king, Comdisco Inc has signed to acquire the computer leasing business of Promodata SA, one of France’s biggest computer leasing firms, from Banque Indosuez. Terms of the agreement were not disclosed. Paris-based Promodata operates throughout France and will continue to operate as Promodata SA, and the acquisition makes Comdisco number one in France and will consolidate its position as the largest independent computer leasing company in Europe, with combined revenues projected at $450m by 1996. Promodata has some 3,600 customers, with more than 8,000 leases in place and an equipment portfolio with an original acquisition price of over $1,000m.
