Dixons Retail has sold its business-to-business IT firm Equanet as the electricals retailer seeks to refocus on its key markets.
Equanet has been bought by IT services provider Kelway. The sale comprises its operations based in Bury, along with the Equanet brand name.
Dixons Retail said the disposal is set to complete “later this month”.
Dixons Retail chief executive Sebastian James said: “The agreement to dispose of Equanet demonstrates further progress in refocusing our business on leadership positions in key markets and territories while at the same time, giving Equanet the opportunity to flourish in the specialist B2B market under the ownership of Kelway.”