Announced
Financials
Sources
Tags
Germany
data center engineering
Engineering Consulting
Acquisition
Cross Border
Majority
Private
Pending
Friendly
Single Bidder
Synopsis
Sener Group, an engineering and technology group, agreed to acquire a 75% stake in Quark Unlimited Engineering, a data center engineering company. Financial terms were not disclosed. “Through Sener’s offices, we will be able to provide local service in key European countries such as Germany, France, Belgium, Poland and the United Kingdom, and in markets such as Canada, the USA, Australia and Mexico,” said Abad. With Gallego adding: “We expect to build facilities for large companies with quality, innovative projects that improve energy efficiency. This will help us achieve our corporate goal of being carbon neutral by 2030,” Ricardo Abad and Miguel Gallego, Quark CEOs.
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