Antin Infrastructure Partners agrees to acquire Eurofiber from Doughty Hanson

12 May 2015

Antin Infrastructure Partners (‘Antin’) is pleased to announce that it has agreed to acquire Eurofiber for a consideration of €875m. Eurofiber is the largest independent provider of fixed telecom infrastructure dedicated to business customers (B2B) in the Netherlands. The transaction is expected to close at the end of May 2015. 

Through its 18,000 km fiber-optic network, connecting over 10,000 unique locations, Eurofiber is a provider of critical telecom infrastructure for the Dutch economy, connecting utility networks, mobile networks, business parks and public entities. 

According to Stéphane Ifker, Partner of Antin Infrastructure Partners who led the transaction, “We have long identified optical fiber networks as a highly attractive asset class. It exhibits very robust infrastructure characteristics as it provides an essential service in hosting increasing data flows and meeting soaring business connectivity requirements. Eurofiber is a well-established player in a high growth market which benefits from a unique nationwide network with high capillarity. The business has a significant amount of contracted revenues through long-term contracts”. 

Alain Rauscher, Managing Partner and CEO of Antin Infrastructure Partners, commented, “We have seen firsthand that the company has a highly talented management team with a track record of successful add-on acquisitions and integrations. We look forward to working with the management in the same vein, having identified the opportunity to further expand the network footprint both organically and through M&A”. 

Alex Goldblum, CEO of Eurofiber, said “We know that Antin has a strong record of investing in businesses and supporting growth. Having developed an excellent relationship with the Antin team, we are looking forward to working with them closely to successfully grow the business”. 

This is the third investment from Antin’s second fund, following investments in CATS, a North Sea gas pipeline and processing facility and Roadchef, a Motorway Services Area operator in the UK.