Exertis UK implosion – 10 decisive moments in £1.5bn distributor’s demise
Exertis UK just filed for administration. How did it get here?
Exertis UK just filed for administration. How did it get here?
Move comes after dramatic downsizing in December and January
Distributor also extends credit terms to help resellers pull forward orders in wake of memory crunch
“We’re very focused on getting the right new owner,” Clive Fitzharris tells IT Channel Oxygen
Atherton says he received an offer that was "too good to turn down"
Plans to focus solely on third-party logistics
Staff worried by lack of communication
Transaction expected to close in around two weeks
Focused on becoming a "specialist" outfit following conclusion of 45-day consultation period
Potential buyer proposing to close Elland office and retain only 28 of 186 staff
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