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Mentmore Abbey has announced that its Iron Mountain Europe records management joint venture has acquired the Data Services business of TDG for £6.5m.
Mentmore Abbey is to acquire Datavault UK, the records management company, through its Iron Mountain Europe joint venture, and the deal will be funded by a £16m share placing.
Mentmore Abbey is to acquire Une Piece en Plus, the French self-storage operator, for £9.3m.
Mentmore Abbey has acquired British Self Storage, the operator of six storage sites, for £27m.
Mentmore Abbey is acquiring Memograde, the French data storage company, for £8.3m, as part of a strategy to create a European records management business.
Mentmore Abbey is selling a 50.1% stake in British Data Management, the corporate archiving business, to Iron Mountain of the US for £27m, and the new joint venture will look to expand into continental Europe.