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

The Role of Predictive Analytics in Business Growth and Revenue Forecasting

12/04/2023The Role of Predictive Analytics in Business Growth and Revenue Forecasting

In today's fast-paced business environment, staying ahead of the competition requires more than just intuition and guesswork.

M&A Activity up as UK Weathers the Storm

11/04/2018M&A Activity up as UK Weathers the Storm

M&A activity accelerated in the second half of 2017, driven by strong activity in the US and, particularly, the UK, according to analysis by M&A and debt advisory specialists Livingstone.

Going Above and Beyond for Clients

07/05/2019Going Above and Beyond for Clients

The Law Offices of Anthony Carbone was founded by Jersey City attorney Anthony Carbone. Following his success as being selected as 2018’s Best Personal Injury Law Firm - New Jersey by Acquisition Intl., we profiled the firm and caught up with Anthony who pro

360 Feedback For Law Firms – Finally Fixed

08/09/2020360 Feedback For Law Firms – Finally Fixed

With the help of two UK consultancies, law firms are starting to understand that 360-degree feedback should – and can – be better.

The Best Chance of Success for Your New App Might Not Be with Large Platforms Like The iOS App Store

13/07/2020The Best Chance of Success for Your New App Might Not Be with Large Platforms Like The iOS App Store

While it is typically assumed that new apps are best positioned by entering a dominant platform, new research from the UCL School of Management and the University of Toronto at Scarborough reveals that these spaces are often overcrowded and do not offer apps t

The IT Industry In The US And How It Offers Considerable Growth And Opportunities

24/03/2020The IT Industry In The US And How It Offers Considerable Growth And Opportunities

With more and more businesses now looking for new opportunities to expand and grow their business, it may be that some will look to expand their business in new countries and the US presents one of the best opportunities for growth in the IT industry. Accordin

Within The Financial Space, What Is A Security?

14/01/2019Within The Financial Space, What Is A Security?

Whilst many have heard the term security before, equally many do not understand its implications as a noun. Within the financial space, a security is, put simply, a certificate or form of declaration which indicates that something is tradable, and therefore ha

New Chairman Appointed to Lead Balfour Beatty Board

12/02/2015New Chairman Appointed to Lead Balfour Beatty Board

Balfour Beatty, the international infrastructure group is pleased to announce that Philip Aiken will join the Board as non-executive Chairman with effect from 26 March 2015.

AIROLINK, Pioneers within the International Construction Industry

28/06/2019AIROLINK, Pioneers within the International Construction Industry

AIROLINK, created in 2001 to cater to the specialized needs of a booming construction industry in Ireland, is now one of the leading providers of top-quality construction and engineering services in the UAE.

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