Borgen Tax and Flick Gocke Schaumburg advised NorthC on the acquisition of six data centers in Germany and the Netherlands.
Amsterdam/ München, 25 April 2025 – Borgen Tax and Flick Gocke Schaumburg have advised NorthC, a leading regional data center provider in northwestern Europe, on the acquisition of six data centers from Colt Technology Services (Colt) in Germany and the Netherlands.
The transaction includes data centers in key metropolitan regions including Frankfurt, Berlin, Hamburg, Munich, Düsseldorf, and Amsterdam. The data centers collectively have a power availability of over 25 MW. As part of the agreement, Colt and NorthC entered into a long-term partnership agreement, whereby Colt will remain an important customer in the to be acquired data center facilities.
This acquisition further increases NorthC’s capabilities to serve customers in multiple regions in the Benelux and DACH and establishes nationwide coverage in Germany. It also adds significant available capacity in Amsterdam, one of NorthC’s core markets.”
The Taxand teams supported NorthC on the tax aspects of the acquisition and financing structure as well as the purchase agreement in relation to this transaction.
Taxand Tax advisors to NorthC:
Netherlands: Borgen Tax
Gertjan Hesselberth, Karel Pellemans, Martijn Jaegers, Coen van Duijvenbode, Richard Meerstra, Pjotr Prins.
Germany : Flick Gocke Schaumburg
Matthias Full, Dr. Marcus Oliver Mick, Dr. Barbara Fleckenstein-Weiland, Corina Hackbarth, Christoph Klein; Associates: Sophie Frombeck, Mauritz Müller, Simon Lösel (all Tax)