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January 11, 1987

DPCE EXPANDS INTO UNISYS SUPPORT WITH 50% OF CIL ENGINEERING, OPTION ON REST

By CBR Staff Writer

The acquisition bug has really gripped third party maintenance specialist DPCE Holdings Plc, and the company’s latest move is to take a 50% stake in the CIL Engineering Ltd subsidiary of Computer Investments Ltd, which specialises in support of Unisys’ Burroughs line of computers. DPCE has paid a nominal sum for the 50%, made the company a UKP900,000 loan on commercial terms, and has an option to acquire the other 50% in 1990. The company, based in Newport Pagnell, Buckinghamshire, has 50 employees, and a base of some 400 UK customer sites, and averaged UKP210,000 pre-tax for the two years to June 30. The managing director holds 15% of the shares.

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