Data center construction company ICTroom goes bankrupt

ICTroom that was founded in 2001, has offices located in Amsterdam, the Netherlands; Brussels, Belgium; Paris, France; and Munich, Germany. The company that has built more than 250 data centers across Europe opened its Paris office in November 2018, intending to respond to IoT and edge-driven data center deployment needs in this region. In the summer of 2018, ICTroom had expanded into Germany with the opening of its office in Munich.

From expansion to bankruptcy

ICTroom was operated through several entities including Onsite Projects B.V., NL Onsite B.V., and Nordics Onsite B.V. All these three entities, registered in the Netherlands, have been declared bankrupt. Honoré du Puy and Sander Nieuwmeijer, founders of ICTroom, had the ambition to file for an initial public offering (IPO) at Amsterdam’s Euronext stock exchange in 2007.

They aimed to use the IPO resources to undertake acquisitions, but later they changed their minds. The bankruptcy trustee office has provided some information on the ICTroom entities that were declared bankrupt, while the company owners don’t make any comment.