Australian and UK pensions-backed investment manager IFM Investors has acquired Swiss digital infrastructure firm Green Group AG from French private equity firm InfraVia to expand its digital infrastructure investments in Europe.
The transaction, made through the IFM Global Infrastructure Fund, was signed yesterday and is expected to be completed later this year, subject to conditions.
Green, headquartered in Lupfig, operates a network of hyperscale and enterprise data centres. Its customer base includes global cloud providers and Swiss corporates.
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Bruno Candes, partner at InfraVia, commented: “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.”
Deepa Bharadwaj, head of infrastructure Europe at IFM Investors, said: “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.”
Roger Süess, CEO of Green Group AG, commented: “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.”
