Watson Farley & Williams (WFW) has advised MIH Management AG on its acquisition of Eurofiber Netz GmbH in Berlin from Eurofiber Germany GmbH.
MIH, an infrastructure investor and operator based in Liechtenstein and Horstmar, Germany, focuses on fibre and telecommunications networks, developing, building and operating high-performance infrastructure across the country.
The acquisition expands its presence in the German fibre-optic market and adds to its existing portfolio, which spans the construction and operation of fibre-optic networks alongside the targeted marketing of network infrastructure.
Eurofiber Netz is an open-access fibre-optic operator running a high-performance FTTB/FTTH network in Berlin, with more than 150,000 connectable households. Munich-based Eurofiber Germany, the seller, is part of the pan-European Eurofiber Group, which is backed by Antin Infrastructure Partners and the PGGM pension fund.
MIH said it would work with the Eurofiber Netz team as a strategic investor to support the commercial use, marketing and further economic development of the existing infrastructure in Berlin.
The WFW Germany infrastructure team advising MIH was led by Hamburg corporate partner Christian R. Schindler, working alongside employment partner Dr Andreas Wiegreffe, competition partner Dr Christine Bader, Düsseldorf regulatory counsel Rebecca Trampe-Berger, Frankfurt tax counsel Manuel Rustler and Hamburg real estate counsel Tatjana Giutronich, among others.
Schindler said: “We are delighted to have advised MIH on this strategically important transaction. The acquisition of the Eurofiber network underscores the viability of an integrated infrastructure strategy. The transaction highlights the increasing consolidation in the German fibre-optic market and, at the same time, reflects our extensive expertise in complex transactions in the digital infrastructure sector.”
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