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

Alix Partners

15/05/2015Alix Partners

The firm’s expertise covers a wide range of businesses and industries, whether they are healthy, challenged, or distressed.

Bang for Your Buck

27/06/2017Bang for Your Buck

Stanmore IP is a small, but mighty, trade mark practice who were recently given the Best in Trademark Protection award. Based in the UK, they specialise in helping businesses to select and protect their trade marks in the UK, the EU and globally via a strong n

New Store Setup Checklist: 5 Vendors to Hire (+ Timeline and Top-Rated Options for Each)

29/09/2025New Store Setup Checklist: 5 Vendors to Hire (+ Timeline and Top-Rated Options for Each)

Opening a new store is exciting, but it can also feel like juggling flaming torches while balancing on a ladder — every detail matters and timing is everything. Your launch depends not just on vision and location, but on the vendors you hire and when you hir

A Personal Experience in a Stubbornly Impersonal Industry

31/08/2016A Personal Experience in a Stubbornly Impersonal Industry

Crazy Web Service works with all types of business models, from small businesses, charities to communities across the globe.

Leading Legal Firm Inspired by Italian Ingenuity

07/10/2019Leading Legal Firm Inspired by Italian Ingenuity

Founded in 2013 by a group of highly experienced lawyers from top-tier Italian legal practices, STARCLEX – Studio Legale Associato Guglielmetti specialises in providing day-by-day and extraordinary legal advice to listed and private companies. Find out why t

Need to Address Multiple Professionals in an Email? Here’s How You Do It

20/11/2023Need to Address Multiple Professionals in an Email? Here’s How You Do It

If you ever find yourself in the position of needing to email multiple business associates, it’s essential to know how to address them professionally and respectfully. After all, these are busy professionals. The way you address them in your email can ma

No Stopping for Lithuania’s Fastest Growing Bank

14/02/2017No Stopping for Lithuania’s Fastest Growing Bank

Acquisition Intl. magazine has named Šiaulių Bankas 2016 Bank of the Year - Lithuania, and figures for last year show the bank had its best performance yet.

Cyber Criminals Target M&A Negotiations

22/06/2015Cyber Criminals Target M&A Negotiations

We hear from Stuart Poole-Robb, Chief Executive of the security, business intelligence and cyber security adviser, the KCS Group Europe.

Issue 9 2023

04/09/2023Issue 9 2023

September has come back around, where our children are going back to school and summer draws to a close. I hope you have all had a great summer and are feeling rejuvenated and ready to take on the final quarter of the year. We’re excited about what the remai

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