Redcentric Divests Data Center Portfolio in £127 Million Deal with DWS-Backed Stellanor
UK managed services provider Redcentric has agreed to sell its entire data center operations to newly formed Stellanor Datacenters Group in a transaction reportedly worth up to £127 million. The deal includes eight facilities totaling 41MW of capacity across key UK locations. This strategic move enables Redcentric to concentrate on its managed services business while expanding DWS’s data center footprint through its Stellanor platform.
Major Data Center Portfolio Transaction
UK managed services provider Redcentric has reportedly agreed to sell its entire data center business to Stellanor Datacenters Group Limited in a deal valued at up to £127 million ($169.5 million), according to company announcements. Sources indicate the all-cash transaction represents a significant strategic shift for both companies involved in the UK data center market.