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Fayrewood to relocate Luton HQ |
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Written by Business Weekly
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Wednesday, 10 January 2007 |
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Luton-based computer products distributor, Fayrewood, has announced it anticipates the closure and relocation of its Luton head office and the disposal of its largest business to Italian firm Esprinet for £36m.
Luton-based computer products distributor, Fayrewood, has announced it anticipates the closure and relocation of its Luton head office and the disposal of its largest business to Italian firm Esprinet for £36m. The firm, which expects to relocate its headquarters to Birmingham, received £32.6m for Spain’s biggest computer hardware wholesaler, UMD, with the balance to be paid in six months subject to adjustments. Fayrewood also said its CEO and finance director, Paul Griffiths and David Gurr had stepped down. |
