History (1993): Boeder Acquired European Branch of Memorex Computer Supplies

Boeder AG (Flösher am Main, Germany) has acquired the European branch of Memorex Computer Supplies, a subsidiary of Memorex Telex NV, in charge of computer-related consumable products.

But in fact only the stocks and the distribution licenses were taken over, and not the staff, being replaced or fired.

Less than 3 years ago, Boeder had already acquired RPS (Noisy-le-Grand, France), a manufacturer of magnetic media. According to Lutz Boeder, its chairman, Boeder counts 750 employees, 4 plants and 10 subsidiaries in Europe.

The German company reported DM237 million in 1992. Forecasts are DM250 million for the entire group in 1993 and 300 million in 1994.

This article is an abstract of news published on the former paper version of Computer Data Storage Newsletter on issue 69, published on October 1993.