The financial group Piemonte Holding, from Rio de Janeiro, closed last Friday the acquisition of five data centers from Oi Group for a total amount of R$ 367 million (USD$ 70 million).
The transaction is in accordance with the amendment to the judicial reorganization plan of Oi, one of the largest in Latin America, and marks the first in a series of sales that Oi plans to carry out in the coming years.
The five new data centers that are now part of the Titan Elea Digital conglomerate, Piemonte's data center holding company, are located in Curitiba, Porto Alegre, Sao Paulo and Brasília, with two units. According to regulators and market researches, with this transaction, Elea Digital will become a federation covering about 10% of the Brazilian colocation market, which major strength is the geographic location of its assets.
Alessandro Lombardi, CEO of Piemonte
Piemonte is a young organization that believes in the digital transformation of the economy. The pandemic has accelerated a process that was already underway and the reorganization of Oi, which is henceforth a fait accompli, is an injection of optimism for Brazil. The total assets and the planned investments in the telecom company exceeds R$ 40 billion.
