Swedish developer of climate-positive data centres, EcoDataCenter, has reached a merger agreement with data centre company, Fortlax. The merger represents a clear strengthening of the position in the Nordic data centre market and supports the ambition to consolidate the data centre industry in the Nordic region.<\/p>\n
The merger \u2013 which will formally take place by EcoDataCenter acquiring the shares in Fortlax \u2013 represents the first step in EcoDataCenter\u2019s strategic plan to consolidate the Nordic data centre industry based on its concept of climate-smart data centres. The decision is also based on the fact that both companies complement each other well in terms of operations and corporate culture.<\/p>\n
\u201cOver the years, Fortlax has built a strong market position primarily in the high-security data centre niche and is a pioneer in the co-location market in Sweden, making it the leading alternative for customers who want a Swedish vendor for data centre services,\u201d said Lars Schedin, CEO of EcoDataCenter. \u201cThe company is very well run and has a good reputation as well as a culture that\u2019s compatible with EcoDataCenter\u2019s.\u201d<\/p>\n
EcoDataCenter is based in Falun and launched the world\u2019s first carbon-positive data centre last year. In 2018, Areim entered as new majority holder through a private placement partly aimed to finance EcoDataCenter\u2019s efforts to consolidate the data centre industry based on its climate-smart concept. The merger with Fortlax is done through a purchase of shares and a stock swap, but involves no change in the Fortlax organisation. Fortlax CEO, Anders Berglund Hansius, will continue to develop the group alongside EcoDataCenter CEO, Lars Schedin.<\/p>\n
\u201cThe data centre industry is growing quickly and to succeed you need to have sufficient size and capital,\u201d said Anders Berglund Hansius. \u201cThrough the merger with EcoDataCenter, we gain both a stronger market position and the financial muscles we need to continue successful growth.\u201d<\/p>\n
Continued investments<\/strong><\/p>\n Fortlax has been active in the colocation segment for 15 years and has built a strong market position in Sweden based on its data centres in Pite\u00e5 in northern Sweden. The merger with EcoDataCenter means continued expansion and investment in the facilities in Pite\u00e5 while the capacity at EcoDataCenter\u2019s facility in Falun will be increased.<\/p>\n \u201cWe have a clear plan for our expansion, according to which we will carry out acquisitions as well as mergers, but where we will also gradually develop our existing facilities,\u201d said EcoDataCenter Chairman, Lars Thunell.<\/p>\n","protected":false},"excerpt":{"rendered":" Swedish developer of climate-positive data centres, EcoDataCenter, has reached a merger agreement with data centre company, Fortlax. The merger represents a clear strengthening of the position in the Nordic data centre market and supports the ambition to consolidate the data centre industry in the Nordic region. The merger \u2013 which will formally take place by […]<\/p>\n","protected":false},"author":21,"featured_media":30590,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,36,27,476,93,24],"tags":[12360,112,12357,12361,12358,12359],"class_list":["post-30587","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-data-centres","category-green","category-intelligent-technology-newsletter","category-nordic","category-top-stories","category-used","tag-climate-smart-data-centres","tag-data-centre","tag-ecodatacenter","tag-falun","tag-fortlax","tag-nordic"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/30587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/comments?post=30587"}],"version-history":[{"count":3,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/30587\/revisions"}],"predecessor-version":[{"id":30592,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/30587\/revisions\/30592"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/media\/30590"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/media?parent=30587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/categories?post=30587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/tags?post=30587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}