IFM Global Infrastructure Fund (“IFM GIF”), advised by IFM Investors1, has on July 10th, agreed to indirectly acquire 100 per cent of Green Group AG2 and its subsidiaries, ‘Green’, from InfraVia3.
Green is a Swiss-based digital infrastructure platform operating hyperscale and enterprise data centres. It is a leader in Switzerland’s fast-growing data centre market, benefiting from long-term contracts with leading cloud service providers, as well as blue-chip Swiss enterprise clients.
The transaction is subject to customary closing conditions and is expected to complete later this year.
Quote attributable to Bruno Candes, Partner at InfraVia:
“It has been a pleasure working with Green’s first-class management team over the past eight years. Green’s strong existing asset portfolio, relationships with key clients and stakeholders, and accumulated development and construction expertise leave the company well poised for the next chapter of its successful growth story. We wish Green and IFM Investors the best in the years ahead.”
Quote attributable to Deepa Bharadwaj, Head of Infrastructure Europe at IFM Investors:
“IFM Investors is excited to work closely with Green’s management to support the next phase of growth. Green’s excellence in data centre operations and delivery expertise, alongside its industry leadership in sustainability, makes the company a natural fit for IFM GIF. We believe this partnership aligns with our mission to deliver returns to our investors, in line with our purpose to invest, protect and grow the retirement savings of working people.”
Quote attributable to Roger Süess, CEO of Green Group AG:
“We look forward to embarking on the next chapter of Green’s expansion in partnership with IFM Investors. Their proven sector expertise, expansive European infrastructure network, and robust financial resources will be instrumental in accelerating our growth strategy.”
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