French investment firm Antin Infrastructure Partners (Antin IP) has agreed to acquire 100% of the shares in Dutch broadband provider Eurofiber from Doughty Hanson and Reggeborgh, for a price-tag of EUR875 million (USD980 million). The deal, which is expected to close by the end of May 2015, will provide the new owners with opportunities for expansion in the Netherlands and beyond. Eurofiber, which offers dark fibre, Ethernet and optical transmission services, will continue to operate as an independent organisation under its current management team.
Reggeborgh Group Executive Henry Holterman commented: ‘We have seen Eurofiber develop from a young company to a national player. The fibre industry develops more and more towards an infrastructural market. It is therefore only logical that a more strategic partner like Antin IP takes over now.’