Munich – German fibre network operator Sewikom has been acquired by infrastructure company Northern Fiber Holding GmbH. The latter is part of UBS Asset Management Real Estate & Private Markets (UBS-AM) and is aiming to extend its footprint in the German fibre optic market. The company sees the potential to access more than 400,000 households across four federal states and twelve administrative districts. Northern Fiber Holding GmbH is planning to invest a billion euros in network expansion to achieve this. A key element is the Sewikom Group, which operates as a fibre optic specialist primarily in the area where the three federal states of North Rhine-Westphalia, Lower Saxony and Hesse intersect. The intention is for the company to drive further expansion here. Sewikom founder Kai-Timo Wilke will remain on board as CEO.
A CMS team headed by lead partner Dr Astrid Roesener advised the founder of the Sewikom Group on all legal aspects of the transaction.
CMS Germany
Dr Astrid Roesener, Lead Partner, Munich
Dr Christian Zielonka, Counsel, Stuttgart
Michael Heim, Associate, Munich
Matthias Unger, Associate, Munich
Reiner Thieme, Associate, Frankfurt/Main, all Corporate/M&A
Dr Jens Neitzel, Partner, Munich, TMC
Dr Evgenia Peiffer, Counsel, Munich, Dispute Resolution
Dr Martin Triemel, Principal Counsel, Munich, Labor, Employment & Pensions
Dr André Frischemeier, Partner, Frankfurt/Main
Barbara Bayer, Counsel, Frankfurt/Main
Felicitas Matthei, Associate, Frankfurt/Main
Dr Marc Seibold, Partner, Stuttgart
Dr Andreas Grunert, Principal Counsel, Stuttgart, all Banking & Finance
Jörg Schrade, Partner, Munich
Eduard Kosavtsev, Associate, Munich, both Tax
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