Engie has sold its dark fiber activity to euNetworks
Engie Electrabel has sold its dark fiber activity to euNetworks.
Engie Electrabel’s fiber activity comprises a network of 1,660 km of dark fiber underground, co-owned by utility companies and Engie Electrabel. It is a duct-based network covering approximately 89% of Belgian long-haul routes, with close to 13 data centers and more than 2,500 towers. The network comes with in-place commercial and operational contracts.
Headquartered in the UK, euNetworks is a leading data center and cloud connectivity provider in Western Europe, owner and operator of dense fiber long-haul and metro networks in 17 countries.
Engie Electrabel is the Belgian market leader in the production and sale of electricity, natural gas and energy services.
Oaklins’ team in Belgium acted as the exclusive sell-side financial advisor to Engie Electrabel in this transaction.
Yves Lacomble
M&A Senior Advisor, Engie Electrabel
Talk to the deal team
Michaël Rixhon
Oaklins KBC Securities
Pieter Vanhoudt
Oaklins KBC Securities
Related deals
TEAM Safety Services Limited has been acquired by Vadella Group
TEAM Safety Services Limited, a leading UK-based health, safety and fire safety consultancy, has been acquired by Vadella Group, a specialist provider of inspection-led compliance services for the built environment.
Learn moreNiscon Inc. has been acquired by SGPS ShowRig
Niscon Inc. has been successfully acquired by SGPS ShowRig, a global provider of staging, rigging and automation for live entertainment. The acquisition reinforces SGPS Showrig’s commitment to pushing the boundaries of innovation in the entertainment industry. By adding Niscon’s unique motion-control technology to its portfolio, SGPS Showrig strengthens its ability to deliver cutting-edge, precision-driven solutions.
Learn moreBrand Group has acquired The Natoon Group
The Natoon Group has been acquired by Brand Group. This acquisition represents a significant strategic move that will help establish new, robust and stable growth channels. The transaction is intended to expand Brand Group’s revenues through service companies with recurring and predictable income streams supported by long-term contracts. As part of the agreement, Natoon’s senior management will continue to lead the company’s growth.
Learn more