Please enable JavaScript in your web browser settings, under the site permissions section to unlock full site functionality. Click here for help.

Article Image - Tele Columbus Acquisition of PrimaCom

Posted 3rd August 2015

Tele Columbus Acquisition of PrimaCom

Tele Columbus Acquisition of PrimaCom

Scroll to keep reading

Tele Columbus Acquisition of PrimaCom

Tele Columbus Acquisition of PrimaCom

The Tele Columbus Group, the third largest German cable network operator, announced that it has entered into an agreement to acquire PrimaCom Holding GmbH, the fourth largest German cable network operator, for a total consideration of EUR 711 million on a cash and debt free basis.

The combination of two of the leading German operators leads to a strong number three player in the German cable market bringing together 2.8 million homes connected and two well-established Housing Association customer portfolios on one platform. Transaction closing is expected on 31 July 2015.

With the acquisition of PrimaCom, Tele Columbus is successfully driving the consolidation of the German cable market and underlining its leading role in this process. The combination of the two biggest German medium-sized providers is pushing competition in the Internet & Telephony and Premium TV sector. The new combined company offers attractive growth potential and enables the company to realize scale efficiencies across the combined customer and network base. The combination of both companies allows the acceleration in the development and technological innovation of new and existing products in the interest of our partners and customers.

Categories: Finance, M&A

You Might Also Like

Bridging the Gap: How Fractional CFOs Offer Big Business Insights for Small Companies

07/02/2024Bridging the Gap: How Fractional CFOs Offer Big Business Insights for Small Companies

There are fewer barriers to starting a small business than ever today, but owners and founders often face one core problem when trying to scale beyond the sole proprietor startup face – they need top-tier financial expertise but don’t have the resources to

Generating Transactions Thanks To Deep Sector Knowledge

20/03/2019Generating Transactions Thanks To Deep Sector Knowledge

For over 30 years, Eurohold has offered a full range of Corporate Finance services to Global Companies, Private Equity Funds and Private Companies. Recently, the firm was selected in AI’s 2019 Global Excellence Awards as the Most Outstanding Cross-Border Cor

Four Reasons To Get Law Enforcement Transcription Service

28/09/2023Four Reasons To Get Law Enforcement Transcription Service

Many think that law enforcement transcription is another small, inconsequential cog in the American Criminal Justice System. It’s a requirement in certain instances, optional in others, and, in some cases, can completely be eschewed. However, many fail to re

How Vendor Due Diligence Protects Your Organization

24/02/2025How Vendor Due Diligence Protects Your Organization

Vendors play a crucial role in an organization’s success. They provide essential products and services that offer competitive advantages, access to new technologies, and enhanced quality. However, these relationships also come with risks that

What You Need to Know About Creating a Content Marketing Plan

13/02/2023What You Need to Know About Creating a Content Marketing Plan

One of the hardest tasks for any business owner to accomplish is to hook the crowd. Not only is coming up with content difficult, you're not sure how to go about it.

Making Investment Magic in the Mid-Market

07/06/2017Making Investment Magic in the Mid-Market

a2e Industries are an innovative, Manchester based investment firm focusing on mid-market firms. We profile the firm and examine its dedication to creating shareholder value.

Top 7 Services Which Will Help Your Marketing Team Flourish in 2023

27/02/2023Top 7 Services Which Will Help Your Marketing Team Flourish in 2023

Are you concerned about expanding your company because you’ve put quite some effort into it? Well, if you are, you’re not making a wrong decision in doing so.

A Critical Mass of Experience

20/04/2017A Critical Mass of Experience

2016 Global Excellence Awards - Best Capital Raise in Africa award winner is Verdant Capital, an investment bank operating on a pan-African basis. We invited them to write about their firm’s vital work in the midmarket financial services sector and their ref

4 Things You Should Know About The IoT Industry

22/08/20224 Things You Should Know About The IoT Industry

Have you ever used your smartphone to turn on the air conditioner in your home? Or have you used a step counter to measure your daily walking distance? If so, then you’ve already had first-hand experience with IoT. IoT stands for Internet of Things, a term r

View More Articles

Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

MORE BRANDS