Kalamazoo is to sell its software business to UCS of the US for £14m in order to make up a shortfall in its pension scheme, and the remaining operations are being placed into liquidation.
Kalamazoo, the software group, has announced a deal with Landcrest Developments that will give it a new Birmingham headquarters building, while the remainder of its existing site will be converted into a business park.
Kalamazoo Computer has sold Kalamazoo Answer, the developer of software solutions for food and drink companies, to a management buy-out for a nominal sum.
Kalamazoo Computer is considering plans to build a new headquarters on its existing Northfield site in Birmingham, and the sale of the current building to developers could release funds for acquisitions.
Kalamazoo Computer is to cut 130 jobs, mostly in Birmingham, as part of an ongoing rationalisation programme.
Kalamazoo Computer is planning to diversify into project management, systems integration and support, in an attempt to return to profit, and is also considering a move from its Birmingham headquarters.
Kalamazoo Security Print is to close its office in Sheffield, with the loss of 18 jobs, and business will be moved to its Birmingham head office.
Kalamazoo, the computer services group, has agreed to the acquisition of a 26.5% stake in itself by Reynolds & Reynolds of the US for £17.7m, a move seen by some as a rescue package following a troubled period.
Kalamazoo Computer Group, the computer services and printing concern, is in talks with Lynx which could lead to its takeover.
Kalamazoo has acquired CFS International, a US company that trades in the UK as Coin Financial Systems and provides computer solutions to the finance sector, for £3.5m.
Kalamazoo Computer Group has conditionally agreed to buy the European automotive dealer systems operations of Datapoint Corp of the US for $33m.
Kalamazoo Computer Solutions has bought Wakebourne Business Systems' Tetra software and hardware contracts.
Kalamazoo and Glass's Information Services are jointly launching an electronic version of Glass's Guide, initially for ten large dealerships.
Kalamazoo Computer Group has bought Autodata of Finland, the motor trade information provider.