- Colt Technology Services sells eight European data centres to NorthC and DWS Group-managed funds.
- The sale allows Colt to concentrate on network services and customer experience while strengthening regional operators.
What Happened: Colt divests data centres to focus on network services
Colt Technology Services has agreed to divest eight of its data centres across Europe as part of a strategic shift to focus more on its core digital infrastructure and network services. The transaction includes six facilities located in major European cities—Amsterdam, Berlin, Düsseldorf, Frankfurt, Hamburg, and Munich—and two additional data centres in London. The European facilities will be acquired by NorthC, a Netherlands-based data centre provider, while the London sites will be sold to funds managed by DWS Group. The deal is expected to close later in 2025, pending regulatory approval.
As part of the sale, around 400 colocation customers will transition to the new owners, but will continue to use Colt’s network services. Colt will also retain its network equipment within the divested facilities, maintaining a broader infrastructure partnership with NorthC. This divestment follows Colt’s 2023 acquisition of Lumen EMEA assets, reflecting a shift in the company’s focus towards strengthening its digital network and delivering customer-centric services, while reducing its involvement in direct data centre operations.
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Why It’s Important
This sale marks a significant moment in Colt’s evolution as it seeks to sharpen its focus on growing its global digital network. CEO Keri Gilder highlighted that the move would allow the company to dedicate more resources to driving growth, enhancing customer experience, and building a sustainable network for the future. By divesting these facilities, Colt can streamline operations while maintaining its strong presence in the digital services sector.
NorthC will expand its footprint in Europe with this acquisition, further solidifying its position as a regional leader in colocation and connectivity services. This strategic move also highlights the increasing trend of consolidation within the European data centre market.
