The Abraaj Group Exits Investment in Data Center Builder in Thailand (Asia)
Source: The Abraaj Group
Pan-emerging markets investment firm The Abraaj Group has sold its stake in Unitrio Technology Limited (UTL), a Thai designer and builder of data center facilities, to Japanese engineering firm NTT Facilities, a member of the Japanese Nippon Telegraph and Telephone Corporation. Abraaj originally invested in UTL through its South East Asia Fund in 2010. Financial details of the transaction were not disclosed.