Allen & Overy has advised Cordiant Digital Infrastructure Czech portfolio company Ceske Radiokomunikace on its acquisition of the Cloud4com and DC Luzice data center and cloud services sector businesses from the Aricoma Group. Bird & Bird reportedly advised the Aricoma Group.
According to Allen & Overy, “Cloud4com is set to be acquired for an initial consideration of CZK 870 million, with a further amount payable up to a maximum of CZK 485 million, depending on Cloud4com's 2024 earnings performance. DC Luzice is being acquired for CZK 130 million, also subject to customary adjustments.”
Cordiant Digital Infrastructure Limited is a Guernsey-based externally managed closed-ended investment company.
Ceske Radiokomunikace specializes in telecommunications and ICT services for wholesale and business customers, including wireless/optical options, voice services, internet connection, and data solutions.
The Aricoma Group is a provider of a wide range of end-to-end services and IT solutions.
The Allen & Overy team included Partner Prokop Verner, Senior Associates Jana Chwaszcz and Ivana Halamova Dobiskova, Senior Tax Advisor Michal Dusek, and Junior Lawyer Tomas Spacek.