Buyer sought for Microsoft distributor Entatech
The Telford-headquartered company supplies PC hardware, software, components and networking to retailers, resellers and system assemblers.
Despite turnover increasing to £117 million in 2015, Entatech has endured a rocky ride over the past few years, leading to a takeover of the business and a company restructure.
Administrators KPMG, appointed earlier this week, decided to make 50 employees redundant. 29 staff have been kept on as options to sell the firm are explored.
Joint administrator Chris Pole said: “Entatech has been affected by difficult trading conditions for some time.
“Following a change in ownership and attempts to restructure the business, the loss of a number of key contracts and declining sales has led to a significant drain on the company’s financial situation.
“This ultimately led to the directors taking the difficult decision to place it into administration.”
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