Computacenter’s IT disposal and recycling subsidiary, RD Trading (RDC), is to be acquired by Arrow Electronics UK for £56m in cash.
The deal is part of efforts to expand Arrow’s value recovery geographic footprint in the EMEA region.
The Essex-based subsidiary manages the entire IT asset disposition and remarketing process, reporting a 2013 pre-tax profit of £3.65m on sales of £41.9m. This accounted for 1.36% of total Computacenter Group revenues for the year.
As part of the transaction Arrow Electronics has entered into a five-year operating agreement with Computacenter for IT disposal services, which remain a part of Computacenter’s customer proposition.
"This acquisition further broadens Arrow’s value recovery business in Europe," said Michael J. Long, chairman, president and CEO of Arrow. "RDC will allow us to better address the growing requirements of our global customers."