Delta Fiber takes majority stake in NG-Blu Networks

Wednesday 15 May 2019 | 18:30 CET | News

Delta Fiber and NG-Blu Networks said they have entered a “sustainable partnership.” Under the deal, a majority of NG-Blu shares will go to Delta Fiber. NG- Blu will continue to operate under the same name as an independent company. The management board of NG-Blu will continue as a co-shareholder and the joint growth strategy will be carried out under leadership of the current management.

Delta Fiber acquired CBizz in February, a supplier of business telecom services. Delta Fiber said the deal with NG-Blu is part of the same strategy, of growing within the business segment. NG-Blu Networks provides data and telecom services to the business market through partners and resellers.

The partnership will also offers new opportunities for NG-Blu, which will be able to access the infrastructure of Delta Fiber. The board of NG-Blu Networks is made up of Jacco Kouwenberg, Jouk Lier and Edwin Lugt.

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Categories: General
Companies: Cbizz / Delta
Countries: Netherlands
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