Blackstone to take majority stake in Winthrop Technologies

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Blackstone to take majority stake in Winthrop Technologies
Winthrop-EngineeringData-Centres
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Private equity giant takes control of Irish data centre construction business

The deal sees Blackstone take a 50.7 per cent stake in Winthrop, with existing shareholders that include founder Barry English, group chief executive Anne Dooley, and managing director Bernard Keane retaining the remainder of the shares.

Winthrop Technologies has become one of the biggest construction companies focused on the data centre sector in Europe, with a portfolio of projects in Dublin, Warsaw, Amsterdam and Munich, among other locations. It operates across seven European markets.Blind internet users struggle with error-prone AI aids

Chairman of Winthrop Technologies Michael Cawley said the investment was a “strong vote of confidence” in the management and staff at the company.

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