Misco
From Wikipedia, the free encyclopedia
New Jersey, United States
 | |
| Company type | Limited company |
|---|---|
| Industry | Computer hardware |
| Founded | 1985 New Jersey, United States |
| Headquarters | Wellingborough, England, United Kingdom |
Key people | Adam Muir, Gary Watson, Nathan Dorrington and Andy Stafford |
| Revenue | £61m |
| Owner | Gary Watson and Magdalena Gwizdz |
| Website | www |
Misco Technologies Limited is an online retailer based in the United Kingdom. It was formerly an IT brand whose ownership was split between Hilco Capital Limited and Systemax.[1]
Sales were targeted at business, education, public sector and consumer markets, with sales being made online, via telephone and mail order catalogue. Misco also operated in Germany until their German operations were sold to CANCOM SE in July 2016.[2] The Misco brand was relaunched on 1 July 2019, as part of the UK Computer Group Limited. In 2020 UK Computer Group re branded as Misco Technologies Limited.
In August 2020, Misco re-launched Comet.co.uk. In May 2025, Comet was sold to OnBuy.[3][4]
Misco was founded in New Jersey, United States, and ran a business of mail order sale of computer supplies and accessories. Gillette invested in Misco in 1983, taking a 40% stake, as part of a program to acquire high-growth low-risk businesses.[5] Misco launched its first subsidiaries in Europe, concurrently in the United Kingdom and West Germany in October 1985, followed by Italy in 1986.[citation needed]
In November 1987, Gillette sold the company to the British company Electrocomponents plc, for the sum of £11,000,000.[citation needed] The effects of the beginning of the 1990s recession led Electrocomponents to sell Misco at a loss, in the beginning of 1993.[citation needed] The buyer, Global Computer Supplies, was controlled by Systemax Inc and HCS (Global) Ltd at the time.[citation needed].