CORD to acquire stakes in two Belgian data centre providers
Summary
This acquisition marks another significant step in CORD’s dedicated ‘Buy, Build and Grow’ strategy, enhancing its presence in the European data centre market. These two connected acquisitions illustrate Cordiant’s ability to identify opportunities to create value in complex situations and apply operational expertise to execute innovative transactions. The Combined Group’s scalable capacity positions it to effectively meet the increasing demand for digital infrastructure, while offering long-term, stable revenue streams through tenant contracts in a rapidly growing market. and , Co-founders of Cordiant Digital Infrastructure Management, said: “We are delighted to be working with TINC, who, as a long-term investor, shares a common strategic vision for this business and will be able to co-invest alongside the Company in the further expansion of the facilities. With an increased foothold in the important Brussels area, Proximus as key customer and Cordiant as a complementary new shareholder, Datacenter United is well positioned for strong growth.