Swedish company EcoDataCenter has reached a merger agreement with the data center company Fortlax. According to EcoDataCenter, the merger represents a clear strengthening of the position in the Nordic data center market and supports its goal to consolidate the data center industry in the Nordic region.
“Over the years, Fortlax has built a strong market position primarily in the high-security data center niche and is a pioneer in the co-location market in Sweden, making it the leading alternative for customers who want a Swedish vendor for data center services,” said Lars Schedin, CEO of EcoDataCenter. “The company is very well run and has a good reputation as well as a culture that’s compatible with EcoDataCenter’s.”
EcoDataCenter will acquire the share in Fortlax. The merger with Fortlax is done through the purchase of shares and a stock swap. EcoDataCenter informed that the merger involves no change in the Fortlax organization. As per the merger agreement, Fortlax CEO, Anders Berglund Hansius, will continue to develop the group alongside EcoDataCenter CEO, Lars Schedin.
Fortlax, the leading data center company in Sweden, was started by Anders Berglund and Mats Hjorth in Hortlax just south of Piteå. The company has been in the co-location segment for 15 years. The new move will give Fortlax an opportunity to continue its expansion and investment in the facilities in the Piteå.
“The data center industry is growing quickly, and to succeed you need to have sufficient size and capital. Through the merger with EcoDataCenter, we gain both a stronger market position and the financial muscle we need to continue successful growth,” said Anders Berglund Hansius, Fortlax CEO.
Based in Falun, EcoDataCenter is designed to become the world’s first climate-positive data center. They build data centers for co-location, HPC, and wholesale/hyperscale. The agreement with Fortlax helps the company consolidate the Nordic data center industry based on its concept of climate-smart data centers. The company also revealed that the merger decision is based on the fact that both companies complement each other well in terms of operations and corporate culture.