The Belgian bike fitting brand Cyclefit, which was owned by the now-bankrupt distributor Veltec Benelux, has a new owner, former Veltec Benelux employee Niels Heuvelman. Cyclefit was founded more than 25 years ago by Charles de Vey ...
Tags: bike fitting brand, Cyclefit, bike
During the International Steel Trade Day organized by STSG-Eurometal in Milan on April 4, SteelOrbis interviewed Ralph Oppenheimer, chairman of Stemcor and STSG (Eurometal's Steel Trade Study Group), seeking his views on how the problem of ...
At 11th International Steel Market and Trade Conference held in the southern Chinese city of Guangzhou, Zhang Jinghua, the vice president of Beijing-based state-owned Sinosteel Corporation, stated that China’s steel trading sector is ...
Technology distributor Tech Data has admitted accounting irregularities originating in a UK subsidiary over the past three years. After the close of trading on Nasdaq today, US-based distributor Tech Data announced that it will need to ...
Tags: Tech Data, Computer Products, 2e2
The Swedish mechanical engineering company Vitech is bankrupt. A declaration to this effect was made on 11 February before the competent court inongermanlands. The supplier of sawmill-mechanisation plant, as well as its parent company ...
Tags: mechanical engineering, Vitech, Bankruptcy
Logicalis has agreed to acquire four European subsidiaries of the defunct computer services company 2e2 for €24m (£20.7m). The managed services provider will acquire the Spanish and Irish systems integration businesses, which ...
Bust computer services company 2e2 outsourced large amounts of the data it was managing for clients to third-parties, raising question marks over the due diligence that companies need to perform before putting data and applications "in the ...
Tags: computer service, 2e2, datacentre business
SAP consultancy G3 Global has completed a cash-funded acquisition of former 2e2 company Diagonal Consulting. Diagonal was founded in 1986. It is a systems integrator that provides SAP implementation and consulting services for customers ...
Tags: SAP, G3 Global, acquisition, Diagonal Consulting
In response to the United States Postal Service’s (USPS) announcement that it plans to develop a line of “smart” clothing, CAGW excoriate postal management for its misguided attempt to step into non-postal, commercial ...
Tags: CAGW, USPS, smart clothing
The datacentre business of bankrupt 2e2 has been acquired by Oakley Capital Private Equity in an eleventh hour deal. The acquisition will save existing users from either having to pay up to keep the datacentre going or migrating to an ...
The Serious Fraud Office (SFO) has refused to "confirm or deny" whether it is investigating bankrupt systems integrator 2e2, after Computing asked the regulator whether it had been called in to investigate the defunct company. The ...
The administrators of bankrupt 2e2 have demanded upfront cash payments from 2e2 datacentre customers to keep the facilities open and operating. Users have until 5pm today to pledge funds to the administrators, who are seeking £960,000 ...
Tags: 2e2, 2e2 datacentre, FTI Consulting
Hostess Brands, the bankrupt producer of bakery products in US, has selected affiliates of Apollo Global Management and Metropoulos as stalking horse bidders for majority of its snack cake business, including Twinkies brand. Apollo Global ...
Hostess Brands, the bankrupt producer of bakery products in US, has selected two stalking horse bidders, McKee Foods and United States Bakery, for its Drake's snack cake brand and Sweetheart, Eddy's, Standish Farms, and Grandma Emilie's ...
US agribusiness giant Cargill has formed a joint venture with Saudia Arabian food producer Arasco for the creation of starches and sweeteners in the country. The joint venture company will acquire Arasco's existing corn milling facility ...
Tags: agribusiness giant, Cargill, joint venture