Beta Distribution's Dutch arm folds owing €2m

Marian McHugh
clock • 2 min read

A third party has bought the subsidiary, according to Dutch administrator's report

Beta Distribution's Dutch arm, has folded as a "direct cause" of its parent company's financial woes. According to a Dutch-language report posted on bankruptcy website Faillissementsdossier, the...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like

Reseller

Solutions provider divests subsidiary company and gains £6m in additional loans to boost cash flow

clock 01 April 2020 • 2 min read

Credit and Finance

One director of failed distie agreed to discharge his debts of over £400,000

clock 22 November 2019 • 2 min read

Credit and Finance

Latest administrator's report indicates that it is 'possible' that the distie's secured and preferential creditors could get some money back

clock 04 June 2019 • 2 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Distributor

Climb Channel Solutions moves to further fuel EMEA expansion with new hires

Climb Channel Solutions moves to further fuel EMEA expansion with new hires

Global distie brings on board a host of European directors and VPs to spearhead growth in the region

Kelsey Rees
clock 08 May 2024 • 3 min read
Specialist distie Titan promotes Jackson, Low as it sets its sights on £100m

Specialist distie Titan promotes Jackson, Low as it sets its sights on £100m

Titan is emerging from its pandemic-marked early years to tackle the next big milestone

clock 02 May 2024 • 2 min read
Sophos signs Infinigate as it pursues expansion with small and medium MSPs

Sophos signs Infinigate as it pursues expansion with small and medium MSPs

Partnership provides route to market for Sophos' newly launched Partner Care programme

clock 02 May 2024 • 1 min read