Announced
Financials
Sources
Tags
Telecommunications infrastructure
Pending
Single Bidder
Switzerland
telecommunications engineering
Acquisition
Private
Friendly
Majority
Synopsis
Suntel Group, a European telecommunication group, agreed to acquire Enkom, a telecommunications engineering company, from Kathrein. Financial terms were not disclosed. “Our acquisition activities are a reaction to the ever increasing requirements of customers regarding the capacity and scope of services we provide. Enkom is bringing into the group a valuable know-how and it helps to expand the already rich portfolio of our services. I believe the synergic effect we reach will be an undisputed benefit for the customers of both companies. We are planning on preserving Enkom in the market as a stand-alone brand and thus leverage the 30 years of its experience, relations and potential to the fullest,“ Jan Žďárský, the Chief Executive Officer of Suntel Group.
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