Eurofiber sold for EUR 875 mln to Antin IP

Tuesday 12 May 2015 | 15:04 CET | News

The French investment company Antin Infrastructure Partners has agreed to buy the Dutch network operator Eurofiber for EUR 875 million. Eurofiber, a provider of dark fibre and Ethernet services with a network stretching into Belgium and Germany, is owned by investors Doughty Hanson and Reggeborgh. Eurofiber will continue as an independent operator under the same management. The company said the new owner should help accelerate its growth in the infrastructure market in the Dutch enterprise sector and elsewhere. 

Rumours of a possible sale of Eurofiber first emerged last autumn. CEO Alex Goldblum told Telecompaper that the company talked to multiple possible bidders. "Our focus was on forming a partnership and we found that with Antin IP," he said. While an IPO was also considered, this was not a serious option, the CEO said. 

Antin IP focuses on investments in critical infrastructure, such as telecom towers and energy companies. The company supports Eurofiber's open network model, Goldblum said, noting that customers should see no change from the switch in ownership. Started in 2007 and based in Paris and London, Antin IP counts nine partners and over EUR 3 billion in investments. The private equity firm focuses on acquiring controlling stakes in infrastructure companies in Europe. 

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