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Colt Technology Services has agreed to sell eight of its European data centres to NorthC and a UK-based data centre firm, both backed by funds managed by investment giant DWS Group
The facilities, located in Amsterdam, Berlin, Dusseldorf, Frankfurt, Hamburg, Munich, and two sites in London, were part of Colt’s acquisition of Lumen EMEA in 2023. The deal is expected to complete later this year, subject to regulatory approvals.
NorthC, a Netherlands-based data centre operator with a strong presence in the DACH region (Germany, Austria, Switzerland), will take on six sites across continental Europe. The two London data centres will be acquired by a separate UK entity also supported by DWS-managed funds.
As part of the transaction, around 400 customers will transition to the new operators. However, Colt says the majority of these customers will remain on its network, as many use its connectivity services in parallel.
Colt has said that the move aligns with its company strategy to “focus on its core business strategy”, concentrating on digital infrastructure and global network services, particularly as demand accelerates in AI, cloud and enterprise connectivity markets.
The company will maintain a presence in the divested facilities, keeping network infrastructure and forming a strategic partnership with NorthC to ensure continued service delivery.
“We’re pleased to have entered into this agreement to divest our data centres to NorthC and to the funds managed by DWS Group. The sale will enable us to focus on our strategic imperatives of driving growth, delivering exceptional customer experience and building a sustainable network for the future,” said Keri Gilder, CEO of Colt Technology Services in a press release.
The deal also supports NorthC’s growth plans, expanding its regional data centre portfolio in key European metro areas. The company has been steadily growing its market presence through targeted acquisitions and localised service offerings. Colt’s global footprint spans more than 40 countries, with over 275 Points of Presence and ten subsea cable routes. It also co-manages AS3356, one of the most widely-peered networks globally.
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