Go to deals
Private Equity | TMT

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.

Parties
“We worked with Oaklins because we believed that their team, with relevant TMT sector expertise, was best positioned to advise us on this transaction. The team has proven to be a trusted partner, offering an excellent service, tailored to our needs. They delivered practical advice at critical moments. Their process management was instrumental in providing us comfort and support.”

Yves Lacomble

M&A Senior Advisor, Engie Electrabel

Talk to the deal team

 Michaël  Rixhon

Michaël Rixhon

Associate Director
Brussels, Belgium
Oaklins KBC Securities
 Pieter  Vanhoudt

Pieter Vanhoudt

Senior Associate
Brussels, Belgium
Oaklins KBC Securities
 Nicholas  Matthyssens

Nicholas Matthyssens

Associate
Brussels, Belgium
Oaklins KBC Securities

Related deals

HC Partners has successfully raised debt financing for the acquisition of AQ Group
Private Equity | Business Support Services

HC Partners has successfully raised debt financing for the acquisition of AQ Group

HC Partners, a Netherlands-based private equity firm, has raised debt financing for its acquisition of the HVAC installation business AQ Group. The financing was provided by ING and Aegon Asset Management. The tailored debt package provides the necessary flexibility in accordance with HC Partners’ vision and AQ Group’s foreseen growth trajectory.

Learn more
Driv Kapital enters into partnership with renowned specialized IT consultancies SOCO, Gnist and Forse
Private Equity | TMT

Driv Kapital enters into partnership with renowned specialized IT consultancies SOCO, Gnist and Forse

Driv Kapital Fund I has acquired 38% of the shares in the newly established group consisting of Soco Norge AS (SOCO), Gnist Consulting AS (Gnist), Forse.NET AS (Forse.NET) and Forse Mobil AS (Forse Mobil). The companies’ founders, management and employees will own the remaining 62%. The partnership involves the creation of a new parent company which will have 100% ownership in all the companies, which until now have been owned by their founders and employees.

Learn more
Unica has agreed to acquire the Dutch fire & gas business unit from Dräger
Private Equity | Business Support Services | Construction & Engineering Services

Unica has agreed to acquire the Dutch fire & gas business unit from Dräger

Unica, one of the largest providers of technical services in the Netherlands, has signed an agreement for the acquisition of Dräger's Dutch fire & gas business unit. With this acquisition, Unica strengthens its fire safety portfolio. The acquisition of the specialist in fire and gas detection and fire extinguishing materials results in a deepening and expansion of Unica’s fire safety cluster, a leading player in integrated fire safety solutions with 450 specialists.

Learn more