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

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

Digital Infrastructure Strategy: Comparing On-Premises with Cloud and Colocation

17/06/2024Digital Infrastructure Strategy: Comparing On-Premises with Cloud and Colocation

When it comes to digital infrastructure, deciding between utilising either ‘on-premises’ or cloud remains to be a divide amongst all business decision makers and both sides have their benefits, depending on which way you look at it.

The Benefits of Applying Project-Management Techniques to Everyday Business Life

14/01/2025The Benefits of Applying Project-Management Techniques to Everyday Business Life

Many company leaders envisage a clear distinction between the methods and skills needed to run a specific project and the day-to-day management of their firm.

CafeX Acquires Vayyoo to Expand Enterprise Collaboration Platform

25/01/2017CafeX Acquires Vayyoo to Expand Enterprise Collaboration Platform

Vayyoo's virtual meeting room technology will integrate with CafeX Chime to accelerate outcome-driven business collaboration.

What Steps Are Included in a Workers’ Comp Evaluation?

23/05/2024What Steps Are Included in a Workers’ Comp Evaluation?

Image source: https://pixabay.com/photos/student-work-office-desk-business-5224089/ When it comes to workers’ compensation, understanding the intricate process of evaluation is vital. Whether you’re an employee who has experienced a workplace injur

Pavilion Financial Corporation to Acquire Altius Holdings Ltd

28/06/2016Pavilion Financial Corporation to Acquire Altius Holdings Ltd

Pavilion Financial Corporation (Pavilion), a North American based employee-owned, investment services firm, today announced that it plans to acquire Altius Holdings Ltd., the parent company of Altius Associates Ltd. and Altius Associates (Singapore) Pte. Ltd.

Mountain Capital Acquires Zep

15/04/2015Mountain Capital Acquires Zep

Zep Inc. Enters into Definitive Agreement to Be Acquired by New Mountain Capital

Orrick Advises Shareholders in Sale of Slovakian Telecoms Provider Benestra

26/05/2016Orrick Advises Shareholders in Sale of Slovakian Telecoms Provider Benestra

Orrick has advised a consortium of international private equity firms, including Bessemer Venture Partners, Columbia Capital, HarbourVest Partners, Innova Capital, MC Partners and Oak Investment Partners, in the sale of Slovakian telecommunications provider Be

Years of Experience

23/11/2018Years of Experience

Based in Monaco, Antonio Bertelli founded AGAP International SARL with a goal of becoming the worldwide seafood trading company, working with all the major fish producers in order to give customers an excellent service. We invited Antonio Bertelli to talk to u

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