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November 14, 1995

UK COMPUTER RETAILER PRODIS GOES TO FIRM FORMED BY NATIONAL CAR PARKERS

By CBR Staff Writer

In a lightning-fast turnaround, administrators from Casson Beckman & Partners have found a buyer for Prodis Plc, the computer distribution and mail order company that entered administration a month ago (CI No 2,775). Prodis, which trades as Silica and operates 22 concessions, including 18 Debenhams Plc stores and one in Harrods, fell foul of the collapse of Commodore International Ltd. A Godalming, Surrey-based company called Anglo Technology Group Plc was set up by the Gosling family, which is the prime mover behind National Car Parks Ltd, for the purpose of buying Prodis. The terms of the deal were not disclosed, but the company was bought whole. It remains to be seen whether any of it will be disposed of, but David Nisbet, senior partner at Casson Beckman was fulsome in his praise of the Debenhams chain at the expense of all others. Prodis did ú44m turnover to the end of 1994, but said the Commodore collapse cost it ú20m in sales.

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