Blackstone buys majority stake in Winthrop Technologies

Financial terms of the deal were not disclosed by the two companies but the deal is believed to be worth about €800m.

Winthrop, which operates across seven European markets, said today's deal will accelerate its growth trajectory and will allow it to capitalise on the ongoing demand for data centres. Winthrop Technologies said it will continue to operate under its brand, and its existing leadership will retain a significant minority stake , ensuring a continued focus on serving the European data centre market.

"This is an investment in the company's leadership, and our team at all levels, who have achieved our strong current market position and will continue to drive Winthrop Technologies into its next phase," the CEO said.

Business Data Centres Winthrop Technologies Blackstone Tactical Opportunities

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