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Announced

Cordiant Digital Infrastructure-backed České Radiokomunikace to acquire Cloud4com and DC Lužice from Aricoma for £52m.

Synopsis

Cordiant Digital Infrastructure-backed České Radiokomunikace, a telecommunications and ICT services provider, agreed to acquire Cloud4com, a cloud service provider, and DC Lužice, a data centre facility, from Aricoma, an end-to-end services and IT solutions provider, for £52m. "We are delighted to have agreed to acquire these attractive data centre assets, which are being funded by organic cash flow at CRA. These transactions are highly complementary to CRA's existing data centre and cloud businesses, enhancing CRA's market leading position in its respective areas of operations and further demonstrating our active management approach through our "Buy, Build and Grow" strategy," Steven Marshall, Cordiant Digital Infrastructure Chairman.

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