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Announced

Completed

Columbia Management Investment Advisers completed the acquisition of the majority stake in Lefdal Mine Datacenter.

Synopsis

Columbia Management Investment Advisers, an asset management firm, completed the acquisition of the majority stake in Lefdal Mine Datacenter, a data processing provider. Financial terms were not disclosed. “With its 10 megawatts of installed capacity, Lefdal Mine Datacenter has been in the early stages of developing the facility into a world leading data centre. With ESIF coming in as a shareholder together with Rittal, the stage has been set for building out and operating large customer requirements. At Lefdal Mine Datacenter, customers do not have to worry about limitations in future capacity due to the size of our facility and access to high quantities of renewable power and cooling,” Jørn Skaane, Lefdal Mining Datacenter CEO.

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