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

Huatan: A Different Kind of Green

Corporate Social Responsibility

20/12/2024Huatan: A Different Kind of Green

At Huatan, sustainability meets innovation in every project. From creating breathtaking green spaces to pioneering the export of live Mexican plants to the U.S., Huatan redefines landscaping. Discover how this multi-award-winning company is transforming ordina

Improve Your Membership Management In 3 Easy Steps

01/08/2023Improve Your Membership Management In 3 Easy Steps

If you are looking for ways to improve your membership management, then look no further. In this blog post, we will discuss three easy steps that you can take to ensure that your membership management system is running as efficiently and effectively as possibl

EU Consumer Scoreboard Shows Untapped E-Commerce Potential

28/09/2015EU Consumer Scoreboard Shows Untapped E-Commerce Potential

The 2015 EU Consumer Scoreboard shows that cross-border e-commerce is still an under-developed market in Europe, and 61% of consumers feel more confident buying online from their own country (61%) than from another EU country (38%).

Considerations When Securing a Loan Against Your Property

15/10/2020Considerations When Securing a Loan Against Your Property

Securing a loan against your property for any reason comes with a degree of risk by its very nature. Some loans such as mortgages will of course need to be secured against a property, whereas in other cases, you may not need to secure the loan against bricks a

Giving A Personal Touch to Clinical Trials

01/03/2018Giving A Personal Touch to Clinical Trials

GlobalCare Clinical Trials brings over 100 years of experience in the clinical trials and home healthcare industries supporting over 400 studies in over 50 countries by effectively delivering high quality and convenient clinical trial services in the home or a

Navigating Dutch Business Culture: Advice for Expanding Your Business Operations to the Netherlands

Corporate Social Responsibility

23/05/2023Navigating Dutch Business Culture: Advice for Expanding Your Business Operations to the Netherlands

Around 400 companies each year set up their Business in the Netherlands, coming from Europe, North and South America, and Asia - and continues to be a place of choice for business expansion.

How to Effectively Scale Your Business With Guest Blogging

04/02/2022How to Effectively Scale Your Business With Guest Blogging

Capturing your audience’s attention in this volatile and competitive market isn’t easy. People are constantly bombarded with online content, and to stand out, your content marketing strategy needs to be on point. A blog is a great way to get customers to p

How Intelligent Process Automation (IPA) Can Transform Your Business

16/03/2023How Intelligent Process Automation (IPA) Can Transform Your Business

Most companies use automation tools to increase the efficiency of their processes. As an entrepreneur, it’s best to keep up with the competition by doing the same thing. However, most of these automation technologies require human intervention.

Proptech On the Rise As Residential and Commercial Real Estate Investors Look to Battle Inflationary Pressures and Rising Interest Rates, Reveals Hampleton Partners

09/11/2022Proptech On the Rise As Residential and Commercial Real Estate Investors Look to Battle Inflationary Pressures and Rising Interest Rates, Reveals Hampleton Partners

The Proptech M&A Market Report from Hampleton Partners, the international M&A and corporate finance advisory firm for technology companies, reveals that the first half of 2022 saw 55 property technology (Proptech) deals, 57 per cent up on 1H2020 and 12 per cen

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