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

Going Global Live, London Excel – 27th & 28th of November

20/08/2019Going Global Live, London Excel – 27th & 28th of November

On the 27th & 28th of November, Europe’s leading event for expanding business overseas will be returning to the London ExCeL.

Mitigating Deep Fryer Burn Risks in Quick-Service Restaurant Operations

29/01/2026Mitigating Deep Fryer Burn Risks in Quick-Service Restaurant Operations

Today, safety risks can escalate quickly without the right protocols and training. Among the most common injuries in this environment are deep fryer burns. These incidents not only affect employee well-being but can also result in operational downtime, workers

Employment Screening Solution Innovation

21/12/2021Employment Screening Solution Innovation

Cisive is a global provider of compliance-driven human capital management and risk management solutions. Its expert team understands the risks and regulations that apply to the financial services, healthcare, transportation, and other highly regulated industri

SMEs Call for Stricter Payment Terms to Better Manage Cash Flow Npower Business Survey Reveals Cash

20/03/2015SMEs Call for Stricter Payment Terms to Better Manage Cash Flow Npower Business Survey Reveals Cash

Almost one quarter (23 per cent) of small and medium-sized businesses (SMEs) think that a Government led implementation of stricter payment terms would have a significantly positive impact on their business over the coming 12 months, according to an npower Bus

Attunity Acquire Appfluent for USD18m

13/03/2015Attunity Acquire Appfluent for USD18m

Attunity Acquire Appfluent for USD18m Attunity Ltd. a leading provider of information availability software solutions, announced today that it has signed a definitive agreement to acquire Appfluent Technology, Inc., a U.S.-based leading provider of data usage

Gen Z Is Coming: How Luxury Brands Can Survive and Thrive With the Next Generation

20/07/2022Gen Z Is Coming: How Luxury Brands Can Survive and Thrive With the Next Generation

Younger generations are continuing to encroach on the luxury market, and for brands it is important they get their share. Set to make up 50% of the whole market by 2025, Gen Zs and Millennials are fast becoming key stakeholders in the industry. For luxury bran

Employment Law at its Finest

18/06/2019Employment Law at its Finest

Flichy Grangé Avocats is a law firm specialising in employment law and social law for companies. Recently, it was awarded Most Outstanding Employment Law Firm 2018 – France for its work.

02/02/2022How to Establish a Brand That Resonates With Your Business

In any business, the groundwork for lasting customer relationships and massive sales hinges upon impressions. As a business owner, to establish a brand that resonates with your business, you must hone the art of creating a good first impression.

Benefits of Automation in Business

06/06/2022Benefits of Automation in Business

The application of technology and automation in business is not something new. However, with significant advancements in machine learning and other advanced technologies like AI, automation is helping businesses streamline processes like never before.

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