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WILLAIRE SYSTEMS ACQUIRES WALTERS INTERNATIONAL

Commenting on its acquisition by Willaire Systems Plc (CI No 785), a Walters International Ltd spokesman emphasised that the company had been looking around for some time for a partner to increase its financial base, although it is also known to have made noises about going public this year: the company’s unaudited pre-tax profit for the six months to June 1987 is UKP281,000 on expected turnover of UKP9m for its first nine months; the two say the Walters IBM-compatible XTs, ATs, 386-based machines and peripherals will not be affected.

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