Datrontech sells partner DMC stake

Datrontech sells partner DMC stake
Alex Mayhew-Smith Datrontech has sold its share of DMC to its joint venture partner, Memory Corporation, for ?1.75m. The venture was set up at the beginning of last year to deliver unbranded memory products in the UK and Europe. DMC made a pre-tax profit in 1998 of ?180,000 on a turnover of ?47.2m and is no longer regarded as a core element of the group, said Datrontech.


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