Retec Digital has paid£450,000 to acquire the trading assets associated with the Morrisons contract from CVD’s administrators.
The move has been welcomed by Morrisons property director Roger Owen, who said the two companies look forward to exploring opportunities for growing the business together.
Retec Digital chief executive John Cole added: “We are delighted with the acquisition of the Morrisons’ contract, which will provide a number of synergies with our existing field engineering team. Through this transaction we are able to provide a more comprehensive and efficient field engineering service to all our customers across the UK.”
Retec also provides in-store technology for retailers including Tesco, Sainsbury’s and Asda.
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