The man behind the deal is Thomas Flohr, the former president of Comdisco Europe now in charge of Comprendium Investment SA, which acquired Comdisco’s Swiss operations in 2002. The money raised is intended to cover the purchase of a majority of Comdisco’s European assets along with working capital.
Comdisco Inc said in June 2002 its investors had agreed to a Chapter 11 emergence plan that would see the company sell off its assets within three years, with an anticipated closure in 2005. The company filed for Chapter 11 at the same time as it agreed to sell its disaster recovery business to Hewlett-Packard Co to raise cash. It ultimately sold that business to SunGard Data Systems Inc, and went on to sell off its Australian and New Zealand units.
Source: Computerwire
