A DWS European infrastructure fund is now the owner of the largest independent data centre business in the Netherlands following the manager’s plan to merge two recently acquired companies.
DWS said the fund has paid an undisclosed amount to buy a majority stake in The Datacenter Group (TDCG) from co-founder Ali Niknam.
DWS said it will merge TDCG with NLDC, the data centre business it acquired from Dutch telecommunications firm KPN in May this year.
Together, TDCG and NLDC have a total of 10 data centres in Amsterdam, Rotterdam, Delft, Utrecht, Groningen and Eindhoven.
These locations cover nearly 50,000sqm and have 65MW of power capacity.
Hamish Mackenzie, head of infrastructure at DWS, said: “Both companies have high-quality and geographically diverse assets, providing an attractive co-location offering.
“The new combination is excellently positioned to support clients. We look forward to working with all employees of the new company to enable its further growth.”
Siemon van den Berg, a founder and CEO of TDCG, will retain a minority stake in the merged company and will join the supervisory board.