CORD, an operationally focused digital infrastructure investor, has completed the acquisition of Norkring België for €6.2 million. Norkring operates 25 communication and broadcast towers in Belgium. The acquisition aligns with CORD's strategy to invest in the core infrastructure of the digital economy, including data centers, fiber-optic networks, and telecommunication and broadcast towers in Europe and North America. The company has raised £795 million in equity and €200m through a Eurobond, deploying the proceeds into five acquisitions, offering stable income and growth opportunities.
Cordiant Capital Inc., the investment manager, specializes in providing growth capital solutions to mid-sized companies in Europe, North America, and selected global markets. The firm focuses on the next generation of infrastructure and real assets, characterized by growth tailwinds and technological dynamism, with a strong sustainability and ESG overlay to its investment activities. Norkring België NV, the acquired company, operates in the communication and broadcast tower sector, aligning with CORD's investment focus.
For further information, readers can visit the company's website or contact the provided representatives.