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.