Cordiant Digital Infrastructure completes Belgian acquisitions

Cordiant Digital Infrastructure, the operationally focused investor specialising in digital infrastructure, managed by Cordiant Capital Inc, says that the acquisition by the company of a 47.5% economic (50% voting) interest in DCU Invest NV and the linked acquisition by DCU Invest of the entire share capital of Datacenter United Brussels NV, the owner of the data centre business of Proximus Group, have both closed.

10 months ago Posted in Hosting + Colocation

The transactions create a business consisting of 13 data centres across 11 locations in Belgium with circa13 MW of IT capacity.

Following closing of the transactions, TINC, the Belgian infrastructure investor, continues to hold 47.5% of the economic (50% voting) interest in the share capital of DCU, and DCU’s chief executive officer, Friso Haringsma, holds a 5.0% (non-voting) interest. The investment manager is continuing to explore investment alongside the company by a separate Cordiant-managed fund.

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