Dewe Rogerson wins float work

Computer services supplier Computacenter has brought in Dewe Rogerson to handle corporate communications surrounding its proposed flotation, which was announced earlier this week.

Computer services supplier Computacenter has brought in Dewe

Rogerson to handle corporate communications surrounding its proposed

flotation, which was announced earlier this week.



Computacenter, which supplies hardware, software and installation advice

to the corporate market counts 51 of the FTSE 100 as clients. It intends

to float in May and expects to be valued at between pounds 850 million

and pounds 900 million.



Tony Carlisle, executive chairman of Dewe Rogerson, said: ’Computacenter

is the market leader by a long way. We’re delighted to be working with

them.’



The corporate profile of Computacenter is particularly important ahead

of the proposed flotation as it attempts to attract large City

investors.



It is also targeting investors in the US and across Europe. However, 25

per cent of its shares will be given free to its 3,300 employees.



Computacenter was established in 1981 and over the years has made the

transition from a mainframe supplier to a provider of networked PCs. It

claims 31 per cent of the corporate market. Its nearest rivals Compel

and SCC have less than 10 per cent of the market.



Around 90 per cent of Computacenter’s sales are made in the UK, with the

remaining 10 per cent in France and Germany.



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