A EQT private equity fund will invest in Nordic data center builder focused on advanced design, installation and services, Coromatic Group. The €40 million investment by the EQT Expansion Capital II will be a combination of equity and loans.
The management of EQT will take over the majority of Coromatic from private equity fund, Litorina Kapital III. Bo Kastensson has been appointed as the new Chairman of the Board of Directors of Coromatic, which will include Sven Kallstenius and Juan Vallejo.
Click here for the release from EQT.